Dynasty Wealth Management LLC Makes New $535,000 Investment in iShares Core Dividend Growth ETF $DGRO

Dynasty Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 7,856 shares of the company’s stock, valued at approximately $535,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vaughan David Investments LLC IL lifted its position in shares of iShares Core Dividend Growth ETF by 1.4% during the third quarter. Vaughan David Investments LLC IL now owns 558,300 shares of the company’s stock worth $38,009,000 after purchasing an additional 7,497 shares during the last quarter. Inscription Capital LLC raised its position in shares of iShares Core Dividend Growth ETF by 7.3% during the 3rd quarter. Inscription Capital LLC now owns 7,524 shares of the company’s stock valued at $512,000 after acquiring an additional 513 shares in the last quarter. Root Financial Partners LLC increased its stake in iShares Core Dividend Growth ETF by 224.5% during the third quarter. Root Financial Partners LLC now owns 11,733 shares of the company’s stock valued at $799,000 after purchasing an additional 8,117 shares during the last quarter. Parsons Capital Management Inc. RI raised its holdings in shares of iShares Core Dividend Growth ETF by 2.1% during the third quarter. Parsons Capital Management Inc. RI now owns 98,988 shares of the company’s stock worth $6,739,000 after purchasing an additional 2,037 shares during the period. Finally, Verdence Capital Advisors LLC raised its stake in iShares Core Dividend Growth ETF by 8.8% during the third quarter. Verdence Capital Advisors LLC now owns 57,846 shares of the company’s stock worth $4,001,000 after acquiring an additional 4,683 shares during the period.

iShares Core Dividend Growth ETF Stock Down 1.4%

Shares of DGRO stock opened at $70.52 on Wednesday. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $71.66. The business has a 50 day moving average of $69.71 and a two-hundred day moving average of $67.83. The company has a market cap of $36.65 billion, a P/E ratio of 19.66 and a beta of 0.84.

iShares Core Dividend Growth ETF Profile

The iShares Core Dividend Growth ETF (DGRO) is an exchange-traded fund that is based on the Morningstar US Dividend Growth index. The fund tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. DGRO was launched on Jun 10, 2014 and is managed by BlackRock.