ATX Financial Planning LLC Makes New Investment in iShares Core Dividend Growth ETF $DGRO

ATX Financial Planning LLC acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 46,087 shares of the company’s stock, valued at approximately $3,199,000. iShares Core Dividend Growth ETF accounts for about 2.5% of ATX Financial Planning LLC’s holdings, making the stock its 10th biggest position.

Several other hedge funds also recently modified their holdings of the stock. Morgan Stanley boosted its stake in iShares Core Dividend Growth ETF by 1.7% during the fourth quarter. Morgan Stanley now owns 19,366,070 shares of the company’s stock worth $1,344,393,000 after acquiring an additional 331,748 shares in the last quarter. LPL Financial LLC grew its holdings in iShares Core Dividend Growth ETF by 3.3% in the fourth quarter. LPL Financial LLC now owns 18,763,346 shares of the company’s stock worth $1,302,551,000 after purchasing an additional 595,710 shares during the period. Bank of America Corp DE increased its stake in iShares Core Dividend Growth ETF by 1.1% in the third quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock valued at $1,270,529,000 after purchasing an additional 195,211 shares in the last quarter. Wealthfront Advisers LLC increased its stake in iShares Core Dividend Growth ETF by 4.7% in the fourth quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock valued at $967,106,000 after purchasing an additional 628,342 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in iShares Core Dividend Growth ETF by 2.7% in the fourth quarter. Raymond James Financial Inc. now owns 10,746,195 shares of the company’s stock valued at $746,004,000 after purchasing an additional 279,160 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.2%

Shares of NYSEARCA DGRO opened at $74.82 on Friday. The firm has a market capitalization of $40.26 billion, a P/E ratio of 19.66 and a beta of 0.77. The firm’s 50-day moving average price is $73.85 and its 200-day moving average price is $72.09. iShares Core Dividend Growth ETF has a 1-year low of $62.05 and a 1-year high of $76.07.

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.