Montz Harcus Wealth Management LLC Invests $246,000 in iShares Core Dividend Growth ETF $DGRO

Montz Harcus Wealth Management LLC purchased a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,855 shares of the company’s stock, valued at approximately $246,000.

Other institutional investors have also recently made changes to their positions in the company. Wellington Shields & Co. LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 20.4% in the 1st quarter. Wellington Shields & Co. LLC now owns 3,529 shares of the company’s stock worth $218,000 after buying an additional 598 shares during the last quarter. MGO One Seven LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 5.0% during the 1st quarter. MGO One Seven LLC now owns 88,711 shares of the company’s stock valued at $5,481,000 after purchasing an additional 4,186 shares during the last quarter. Altus Wealth Management LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 0.8% during the 2nd quarter. Altus Wealth Management LLC now owns 427,854 shares of the company’s stock valued at $27,357,000 after purchasing an additional 3,599 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of iShares Core Dividend Growth ETF by 3.7% during the 1st quarter. Royal Bank of Canada now owns 6,157,442 shares of the company’s stock valued at $380,408,000 after purchasing an additional 219,938 shares during the last quarter. Finally, Keystone Global Partners LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $30,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $68.58 on Friday. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $68.88. The firm’s fifty day moving average is $66.64 and its 200 day moving average is $63.44. The firm has a market cap of $34.66 billion, a P/E ratio of 19.66 and a beta of 0.89.

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.