Magnus Financial Group LLC Has $1.34 Million Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Magnus Financial Group LLC lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 76.4% in the third quarter, Holdings Channel.com reports. The firm owned 21,411 shares of the company’s stock after acquiring an additional 9,272 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,342,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in DGRO. Fisher Asset Management LLC lifted its position in iShares Core Dividend Growth ETF by 3.6% in the 4th quarter. Fisher Asset Management LLC now owns 5,166 shares of the company’s stock worth $278,000 after buying an additional 179 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 2.7% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 7,086 shares of the company’s stock valued at $411,000 after purchasing an additional 186 shares during the last quarter. HHM Wealth Advisors LLC grew its stake in iShares Core Dividend Growth ETF by 5.7% in the second quarter. HHM Wealth Advisors LLC now owns 3,730 shares of the company’s stock valued at $215,000 after purchasing an additional 200 shares in the last quarter. Ausdal Financial Partners Inc. increased its position in iShares Core Dividend Growth ETF by 0.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 27,434 shares of the company’s stock worth $1,580,000 after purchasing an additional 205 shares during the last quarter. Finally, Destination Wealth Management increased its position in iShares Core Dividend Growth ETF by 3.3% in the 2nd quarter. Destination Wealth Management now owns 6,764 shares of the company’s stock worth $390,000 after purchasing an additional 213 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock traded down $0.36 during trading on Tuesday, hitting $63.42. 848,585 shares of the stock traded hands, compared to its average volume of 1,401,922. The stock has a market cap of $30.03 billion, a P/E ratio of 19.25 and a beta of 0.71. The company has a fifty day moving average price of $61.54 and a two-hundred day moving average price of $59.03. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $63.96.

iShares Core Dividend Growth ETF Company 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.