Kowal Investment Group LLC Makes New Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Kowal Investment Group LLC acquired a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,862 shares of the company’s stock, valued at approximately $1,618,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American Trust grew its holdings in iShares Core Dividend Growth ETF by 78.8% in the third quarter. American Trust now owns 1,986,876 shares of the company’s stock valued at $98,410,000 after purchasing an additional 875,601 shares during the last quarter. Raymond James & Associates increased its holdings in iShares Core Dividend Growth ETF by 39.8% during the 4th quarter. Raymond James & Associates now owns 2,514,004 shares of the company’s stock valued at $135,304,000 after acquiring an additional 715,487 shares in the last quarter. International Assets Investment Management LLC acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth about $38,154,000. Comerica Bank purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at about $30,527,000. Finally, Wells Fargo & Company MN grew its position in shares of iShares Core Dividend Growth ETF by 11.0% in the fourth quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock valued at $282,702,000 after purchasing an additional 518,671 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.2 %

Shares of iShares Core Dividend Growth ETF stock traded down $0.14 during mid-day trading on Monday, hitting $57.47. 915,288 shares of the stock were exchanged, compared to its average volume of 1,480,047. The company has a 50-day simple moving average of $57.35 and a 200 day simple moving average of $56.10. The stock has a market capitalization of $27.21 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $58.61.

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.