Echo Wealth Management LLC Acquires 13,081 Shares of iShares Core Dividend Growth ETF $DGRO

Echo Wealth Management LLC increased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 30.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,281 shares of the company’s stock after buying an additional 13,081 shares during the period. iShares Core Dividend Growth ETF accounts for 2.3% of Echo Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. Echo Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,907,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dagco Inc. boosted its holdings in iShares Core Dividend Growth ETF by 2.4% in the 3rd quarter. Dagco Inc. now owns 510,449 shares of the company’s stock worth $34,751,000 after buying an additional 12,022 shares during the period. CVA Family Office LLC boosted its holdings in iShares Core Dividend Growth ETF by 65.4% in the 3rd quarter. CVA Family Office LLC now owns 60,730 shares of the company’s stock worth $4,135,000 after buying an additional 24,010 shares during the period. American Trust boosted its holdings in iShares Core Dividend Growth ETF by 44.5% in the 2nd quarter. American Trust now owns 917,657 shares of the company’s stock worth $58,675,000 after buying an additional 282,505 shares during the period. Caprock Group LLC bought a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $678,000. Finally, Asset Dedication LLC boosted its holdings in iShares Core Dividend Growth ETF by 21.4% in the 2nd quarter. Asset Dedication LLC now owns 118,356 shares of the company’s stock worth $7,568,000 after buying an additional 20,867 shares during the period.

iShares Core Dividend Growth ETF Trading Up 2.1%

DGRO opened at $72.02 on Thursday. The company has a 50 day moving average of $71.87 and a 200 day moving average of $70.11. The company has a market cap of $38.61 billion, a PE ratio of 19.66 and a beta of 0.80. iShares Core Dividend Growth ETF has a 12 month low of $54.41 and a 12 month high of $74.28.

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.