Echo Wealth Management LLC Purchases 13,081 Shares of iShares Core Dividend Growth ETF $DGRO

Echo Wealth Management LLC boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 30.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 56,281 shares of the company’s stock after purchasing an additional 13,081 shares during the period. iShares Core Dividend Growth ETF comprises 2.3% of Echo Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. Echo Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,907,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Dagco Inc. grew its position in shares of iShares Core Dividend Growth ETF by 2.4% during the 3rd quarter. Dagco Inc. now owns 510,449 shares of the company’s stock valued at $34,751,000 after acquiring an additional 12,022 shares during the period. CVA Family Office LLC grew its position in shares of iShares Core Dividend Growth ETF by 65.4% during the 3rd quarter. CVA Family Office LLC now owns 60,730 shares of the company’s stock valued at $4,135,000 after acquiring an additional 24,010 shares during the period. American Trust grew its position in shares of iShares Core Dividend Growth ETF by 44.5% during the 2nd quarter. American Trust now owns 917,657 shares of the company’s stock valued at $58,675,000 after acquiring an additional 282,505 shares during the period. Caprock Group LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at approximately $678,000. Finally, Asset Dedication LLC grew its position in shares of iShares Core Dividend Growth ETF by 21.4% during the 2nd quarter. Asset Dedication LLC now owns 118,356 shares of the company’s stock valued at $7,568,000 after acquiring an additional 20,867 shares during the period.

iShares Core Dividend Growth ETF Stock Up 2.1%

iShares Core Dividend Growth ETF stock opened at $72.02 on Thursday. iShares Core Dividend Growth ETF has a twelve month low of $54.41 and a twelve month high of $74.28. The firm has a 50 day moving average price of $71.87 and a 200-day moving average price of $70.11. The company has a market capitalization of $38.61 billion, a P/E ratio of 19.66 and a beta of 0.80.

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.