OLD National Bancorp IN Invests $312,000 in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

OLD National Bancorp IN acquired a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGROFree Report) in the second quarter, HoldingsChannel reports. The institutional investor acquired 5,416 shares of the company’s stock, valued at approximately $312,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vima LLC bought a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth approximately $25,000. LifeSteps Financial Inc. bought a new position in iShares Core Dividend Growth ETF in the 1st quarter valued at approximately $27,000. Voisard Asset Management Group Inc. bought a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $27,000. Horrell Capital Management Inc. bought a new stake in shares of iShares Core Dividend Growth ETF in the 1st quarter worth $29,000. Finally, Private Wealth Management Group LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth $36,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO traded up $0.10 during midday trading on Friday, reaching $58.99. 944,375 shares of the company’s stock traded hands, compared to its average volume of 1,446,004. iShares Core Dividend Growth ETF has a one year low of $47.19 and a one year high of $60.66. The company has a market cap of $27.93 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The stock has a 50 day moving average of $58.36 and a 200 day moving average of $57.14.

iShares Core Dividend Growth ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding DGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Dividend Growth ETF (NYSEARCA:DGROFree Report).

Institutional Ownership by Quarter for iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

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