Kestra Advisory Services LLC Purchases 2,598 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Kestra Advisory Services LLC grew its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 243,712 shares of the company’s stock after purchasing an additional 2,598 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.05% of iShares Core Dividend Growth ETF worth $14,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Vima LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth $25,000. LifeSteps Financial Inc. purchased a new stake in iShares Core Dividend Growth ETF during the first quarter valued at $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at $27,000. Horrell Capital Management Inc. purchased a new stake in iShares Core Dividend Growth ETF during the first quarter valued at $29,000. Finally, Private Wealth Management Group LLC purchased a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at $36,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO traded down $0.13 during midday trading on Monday, hitting $59.80. The stock had a trading volume of 77,246 shares, compared to its average volume of 1,449,071. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $60.56. The firm has a market cap of $28.31 billion, a PE ratio of 19.25 and a beta of 0.71. The stock’s 50 day moving average is $58.06 and its 200 day moving average is $56.81.

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.