Beacon Financial Advisory LLC Increases Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Beacon Financial Advisory LLC boosted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 41.5% in the first quarter, Holdings Channel reports. The fund owned 51,228 shares of the company’s stock after buying an additional 15,035 shares during the quarter. iShares Core Dividend Growth ETF makes up about 1.0% of Beacon Financial Advisory LLC’s holdings, making the stock its 17th biggest holding. Beacon Financial Advisory LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,165,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Dunhill Financial LLC lifted its position in shares of iShares Core Dividend Growth ETF by 300.0% during the fourth quarter. Dunhill Financial LLC now owns 400 shares of the company’s stock worth $25,000 after purchasing an additional 300 shares in the last quarter. Sound Income Strategies LLC increased its stake in iShares Core Dividend Growth ETF by 235.2% during the 1st quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock worth $25,000 after buying an additional 287 shares during the period. Accredited Wealth Management LLC acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter worth $28,000. JFS Wealth Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 60.7% in the 1st quarter. JFS Wealth Advisors LLC now owns 495 shares of the company’s stock valued at $31,000 after buying an additional 187 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC purchased a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at about $33,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $63.42 on Friday. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $65.08. The stock’s 50-day simple moving average is $61.50 and its 200-day simple moving average is $61.74. The firm has a market cap of $31.73 billion, a price-to-earnings ratio of 20.47 and a beta of 0.89.

About iShares Core Dividend Growth ETF

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.