Potentia Wealth Invests $433,000 in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Potentia Wealth bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,064 shares of the company’s stock, valued at approximately $433,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Ulland Investment Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $27,000. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at $28,000. Y.D. More Investments Ltd acquired a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at $33,000. Rialto Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at $33,000. Finally, Synergy Investment Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth $37,000.

iShares Core Dividend Growth ETF Trading Up 1.0 %

Shares of iShares Core Dividend Growth ETF stock opened at $62.16 on Tuesday. iShares Core Dividend Growth ETF has a 52 week low of $55.08 and a 52 week high of $65.08. The company’s 50-day moving average price is $62.99 and its two-hundred day moving average price is $62.80. The stock has a market cap of $30.46 billion, a PE ratio of 21.26 and a beta of 0.89.

iShares Core Dividend Growth ETF 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.