Pasadena Private Wealth LLC Has $935,000 Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Pasadena Private Wealth LLC increased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,236 shares of the company’s stock after acquiring an additional 161 shares during the quarter. Pasadena Private Wealth LLC’s holdings in iShares Core Dividend Growth ETF were worth $935,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in DGRO. Lincoln Capital LLC lifted its position in iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock valued at $615,000 after purchasing an additional 168 shares during the period. Adell Harriman & Carpenter Inc. increased its holdings in iShares Core Dividend Growth ETF by 1.6% in the third quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after purchasing an additional 170 shares during the last quarter. Empire Financial Management Company LLC lifted its stake in iShares Core Dividend Growth ETF by 2.7% in the third quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock valued at $405,000 after buying an additional 171 shares during the period. Bluesphere Advisors LLC boosted its holdings in iShares Core Dividend Growth ETF by 2.8% during the fourth quarter. Bluesphere Advisors LLC now owns 6,499 shares of the company’s stock worth $399,000 after buying an additional 177 shares during the last quarter. Finally, Ellis Investment Partners LLC grew its position in shares of iShares Core Dividend Growth ETF by 0.8% during the 4th quarter. Ellis Investment Partners LLC now owns 22,521 shares of the company’s stock worth $1,381,000 after buying an additional 178 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $64.10 on Wednesday. The firm’s 50 day simple moving average is $62.54 and its 200 day simple moving average is $62.41. iShares Core Dividend Growth ETF has a fifty-two week low of $55.08 and a fifty-two week high of $65.08. The company has a market capitalization of $30.35 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.