What does iShares Core Dividend Growth ETF do?
iShares Core Dividend Growth ETF (NYSE:DGRO) focuses on providing investors with exposure to U.S. companies that are not only committed to paying dividends but are also expected to grow those dividends over time. The ETF tracks the performance of the Morningstar US Dividend Growth Index, selecting companies across various industries that have a history of financial stability and growth. Its main objective is to combine dividend income with the growth potential, targeting assets that offer a solid yield and have the potential for long-term appreciation. iShares Core Dividend Growth ETF aims to appeal to those investors seeking a blend of income and growth in their investment portfolios, making it a suitable option for long-term investment strategies.