Rik Saylor Financial Inc. Makes New $635,000 Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Rik Saylor Financial Inc. acquired a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,345 shares of the company’s stock, valued at approximately $635,000.

Several other hedge funds have also bought and sold shares of the stock. Buck Wealth Strategies LLC boosted its holdings in iShares Core Dividend Growth ETF by 54.4% during the fourth quarter. Buck Wealth Strategies LLC now owns 152,044 shares of the company’s stock worth $9,326,000 after buying an additional 53,551 shares in the last quarter. Financial Advocates Investment Management boosted its stake in shares of iShares Core Dividend Growth ETF by 1.3% during the 4th quarter. Financial Advocates Investment Management now owns 59,497 shares of the company’s stock worth $3,716,000 after acquiring an additional 767 shares in the last quarter. Beacon Financial Advisory LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 4.7% during the 4th quarter. Beacon Financial Advisory LLC now owns 36,193 shares of the company’s stock worth $2,220,000 after acquiring an additional 1,630 shares in the last quarter. Private Wealth Management Group LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth about $132,000. Finally, Summit Wealth Partners LLC boosted its position in iShares Core Dividend Growth ETF by 9.3% during the fourth quarter. Summit Wealth Partners LLC now owns 22,973 shares of the company’s stock worth $1,409,000 after purchasing an additional 1,957 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.8 %

Shares of DGRO stock opened at $63.80 on Thursday. The company has a market capitalization of $30.21 billion, a P/E ratio of 19.25 and a beta of 0.71. The business’s 50 day moving average is $62.64 and its two-hundred day moving average is $62.13. iShares Core Dividend Growth ETF has a 12-month low of $54.31 and a 12-month high of $65.08.

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.