Gilpin Wealth Management LLC Purchases Shares of 21,915 iShares Core Dividend Growth ETF $DGRO

Gilpin Wealth Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 21,915 shares of the company’s stock, valued at approximately $1,521,000. iShares Core Dividend Growth ETF makes up 1.2% of Gilpin Wealth Management LLC’s holdings, making the stock its 22nd biggest holding.

Several other institutional investors have also added to or reduced their stakes in DGRO. Tortoise Investment Management LLC grew its holdings in iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after buying an additional 179 shares in the last quarter. Group One Trading LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at approximately $28,000. Strategic Wealth Investment Group LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at approximately $29,000. Independence Bank of Kentucky raised its holdings in iShares Core Dividend Growth ETF by 80.7% during the 4th quarter. Independence Bank of Kentucky now owns 506 shares of the company’s stock valued at $35,000 after buying an additional 226 shares during the period. Finally, Kingdom Financial Group LLC. purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at $37,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $74.74 on Thursday. The stock’s fifty day moving average is $73.24 and its 200 day moving average is $71.82. iShares Core Dividend Growth ETF has a fifty-two week low of $62.05 and a fifty-two week high of $75.84. The firm has a market capitalization of $40.22 billion, a PE ratio of 19.66 and a beta of 0.77.

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.