MJP Associates Inc. ADV Invests $210,000 in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

MJP Associates Inc. ADV purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, Holdings Channel reports. The fund purchased 3,905 shares of the company’s stock, valued at approximately $210,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Ayrshire Capital Management LLC lifted its holdings in iShares Core Dividend Growth ETF by 2.1% during the 4th quarter. Ayrshire Capital Management LLC now owns 9,837 shares of the company’s stock valued at $529,000 after purchasing an additional 199 shares during the last quarter. Centurion Wealth Management LLC increased its position in iShares Core Dividend Growth ETF by 0.6% in the 3rd quarter. Centurion Wealth Management LLC now owns 34,693 shares of the company’s stock valued at $1,718,000 after acquiring an additional 209 shares in the last quarter. Patriot Investment Management Group Inc. increased its position in iShares Core Dividend Growth ETF by 0.9% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 24,131 shares of the company’s stock valued at $1,195,000 after acquiring an additional 216 shares in the last quarter. Mayflower Financial Advisors LLC increased its position in iShares Core Dividend Growth ETF by 1.1% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 20,579 shares of the company’s stock valued at $1,019,000 after acquiring an additional 219 shares in the last quarter. Finally, Financial Life Advisors increased its position in iShares Core Dividend Growth ETF by 0.7% in the 3rd quarter. Financial Life Advisors now owns 32,339 shares of the company’s stock valued at $1,602,000 after acquiring an additional 240 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO traded up $0.18 during midday trading on Thursday, hitting $58.06. The company had a trading volume of 1,233,771 shares, compared to its average volume of 1,622,998. The company has a market capitalization of $26.87 billion, a PE ratio of 15.16 and a beta of 0.89. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $58.19. The firm’s 50-day simple moving average is $55.85 and its 200-day simple moving average is $52.83.

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.