Kinetic Wealth Investment Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 668,090 shares of the company’s stock, valued at approximately $50,635,000. iShares Core Dividend Growth ETF accounts for 23.7% of Kinetic Wealth Investment Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Kinetic Wealth Investment Advisors LLC owned about 0.12% of iShares Core Dividend Growth ETF as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. Auto Owners Insurance Co increased its position in iShares Core Dividend Growth ETF by 9,203.2% during the 4th quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock valued at $332,280,000 after purchasing an additional 47,350,590 shares during the period. Wealthfront Advisers LLC lifted its position in shares of iShares Core Dividend Growth ETF by 25.1% in the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after purchasing an additional 3,494,469 shares during the period. Royal Bank of Canada lifted its position in shares of iShares Core Dividend Growth ETF by 24.0% in the 4th quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock worth $564,879,000 after purchasing an additional 1,576,241 shares during the period. Quotient Wealth Partners LLC bought a new position in shares of iShares Core Dividend Growth ETF during the first quarter valued at approximately $85,806,000. Finally, SHP Wealth Management bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $84,235,000.
iShares Core Dividend Growth ETF Stock Performance
Shares of NYSEARCA:DGRO opened at $79.13 on Tuesday. iShares Core Dividend Growth ETF has a 12-month low of $66.62 and a 12-month high of $80.58. The business’s fifty day simple moving average is $78.40 and its 200-day simple moving average is $74.91. The company has a market capitalization of $43.36 billion, a PE ratio of 19.66 and a beta of 0.76.
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.
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