Powers Advisory Group LLC Purchases 3,344 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Powers Advisory Group LLC boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 208,916 shares of the company’s stock after acquiring an additional 3,344 shares during the period. iShares Core Dividend Growth ETF comprises approximately 6.4% of Powers Advisory Group LLC’s holdings, making the stock its 3rd biggest holding. Powers Advisory Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $12,815,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Ulland Investment Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at $27,000. Truvestments Capital LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at about $28,000. Tompkins Financial Corp purchased a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth about $41,000. SWAN Capital LLC acquired a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $50,000. Finally, Bfsg LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at approximately $61,000.

iShares Core Dividend Growth ETF Stock Up 1.0 %

DGRO opened at $63.74 on Friday. iShares Core Dividend Growth ETF has a 52-week low of $54.31 and a 52-week high of $65.08. The company has a 50 day moving average of $62.73 and a two-hundred day moving average of $62.01. The company has a market cap of $30.18 billion, a P/E 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.