Zhang Financial LLC Acquires 464 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Zhang Financial LLC boosted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 8.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,718 shares of the company’s stock after acquiring an additional 464 shares during the quarter. Zhang Financial LLC’s holdings in iShares Core Dividend Growth ETF were worth $329,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,543,205 shares of the company’s stock valued at $459,795,000 after purchasing an additional 85,304 shares in the last quarter. Capital Investment Advisors LLC lifted its stake in iShares Core Dividend Growth ETF by 2.1% during the 2nd quarter. Capital Investment Advisors LLC now owns 7,205,141 shares of the company’s stock valued at $415,088,000 after acquiring an additional 150,379 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in iShares Core Dividend Growth ETF by 2.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 7,134,724 shares of the company’s stock worth $414,242,000 after acquiring an additional 147,981 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of iShares Core Dividend Growth ETF by 11.0% in the 4th quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock worth $282,702,000 after acquiring an additional 518,671 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in shares of iShares Core Dividend Growth ETF by 4.1% in the fourth quarter. Truist Financial Corp now owns 3,434,189 shares of the company’s stock valued at $184,828,000 after purchasing an additional 134,285 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $60.89 on Tuesday. iShares Core Dividend Growth ETF has a fifty-two week low of $47.19 and a fifty-two week high of $60.90. The firm’s 50-day simple moving average is $58.60 and its 200 day simple moving average is $57.35. The stock has a market cap of $28.83 billion, a PE ratio of 19.25 and a beta of 0.71.

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.