Gateway Wealth Partners LLC Raises Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Gateway Wealth Partners LLC lifted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 39.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,932 shares of the company’s stock after purchasing an additional 2,242 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $487,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Truvestments Capital LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the third quarter worth about $28,000. Ulland Investment Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $27,000. Tompkins Financial Corp purchased a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $41,000. SWAN Capital LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at $50,000. Finally, Bfsg LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth $61,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO opened at $63.11 on Thursday. iShares Core Dividend Growth ETF has a 12 month low of $54.31 and a 12 month high of $65.08. The firm has a market capitalization of $29.88 billion, a PE ratio of 19.25 and a beta of 0.71. The business’s fifty day moving average price is $62.73 and its 200 day moving average price is $62.00.

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.