Gateway Wealth Partners LLC Increases Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Gateway Wealth Partners LLC boosted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 19.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,690 shares of the company’s stock after purchasing an additional 944 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of DGRO. Cetera Investment Advisers raised its stake in iShares Core Dividend Growth ETF by 319.5% in the first quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock valued at $111,616,000 after purchasing an additional 1,464,167 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in iShares Core Dividend Growth ETF by 1,953.2% in the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock valued at $741,000 after purchasing an additional 1,223,349 shares in the last quarter. LPL Financial LLC raised its stake in iShares Core Dividend Growth ETF by 8.8% in the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock valued at $746,096,000 after purchasing an additional 1,047,837 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the second quarter worth approximately $45,148,000. Finally, Smith Anglin Financial LLC raised its stake in shares of iShares Core Dividend Growth ETF by 78.4% during the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock worth $84,424,000 after acquiring an additional 591,701 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $62.52 on Wednesday. The company has a market capitalization of $29.60 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a one year low of $47.53 and a one year high of $64.00. The company’s 50 day moving average price is $62.26 and its two-hundred day moving average price is $59.47.

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.