Gateway Wealth Partners LLC Has $273,000 Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Gateway Wealth Partners LLC increased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 20.7% in the second quarter, Holdings Channel reports. The firm owned 4,746 shares of the company’s stock after buying an additional 813 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $273,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. NewEdge Advisors LLC grew its stake in shares of iShares Core Dividend Growth ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 518,643 shares of the company’s stock worth $29,879,000 after purchasing an additional 3,452 shares during the period. Northeast Financial Consultants Inc grew its stake in iShares Core Dividend Growth ETF by 5.0% in the second quarter. Northeast Financial Consultants Inc now owns 1,407,002 shares of the company’s stock valued at $81,057,000 after acquiring an additional 66,386 shares during the period. Magnolia Capital Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the second quarter worth about $777,000. Creative Planning increased its holdings in shares of iShares Core Dividend Growth ETF by 7.4% in the second quarter. Creative Planning now owns 182,947 shares of the company’s stock worth $10,540,000 after acquiring an additional 12,610 shares in the last quarter. Finally, Buck Wealth Strategies LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the second quarter worth about $5,965,000.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $62.67 on Tuesday. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $62.88. The business has a 50-day moving average of $60.79 and a two-hundred day moving average of $58.62. The company has a market capitalization of $29.67 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.