iShares Core Dividend Growth ETF $DGRO Shares Acquired by Sowa Financial Group Inc.

Sowa Financial Group Inc. lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,808 shares of the company’s stock after buying an additional 5,033 shares during the period. iShares Core Dividend Growth ETF makes up approximately 1.3% of Sowa Financial Group Inc.’s portfolio, making the stock its 12th largest position. Sowa Financial Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $2,034,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Accretive Wealth Partners LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 115.3% during the 2nd quarter. Accretive Wealth Partners LLC now owns 40,522 shares of the company’s stock worth $2,591,000 after buying an additional 21,699 shares during the last quarter. Stephens Inc. AR increased its holdings in shares of iShares Core Dividend Growth ETF by 13.5% during the 2nd quarter. Stephens Inc. AR now owns 124,444 shares of the company’s stock worth $7,957,000 after buying an additional 14,771 shares during the last quarter. Madison Wealth Partners Inc increased its holdings in shares of iShares Core Dividend Growth ETF by 0.8% during the 2nd quarter. Madison Wealth Partners Inc now owns 616,732 shares of the company’s stock worth $39,434,000 after buying an additional 4,706 shares during the last quarter. Calamos Wealth Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 2nd quarter worth approximately $248,000. Finally, Chicago Partners Investment Group LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 0.6% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 53,656 shares of the company’s stock worth $3,529,000 after buying an additional 311 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $67.88 on Monday. The company has a 50 day simple moving average of $67.25 and a 200-day simple moving average of $63.91. The company has a market capitalization of $34.37 billion, a P/E ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $68.88.

iShares Core Dividend Growth ETF Company 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.