PFG Investments LLC Increases Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

PFG Investments LLC raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 23.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,289 shares of the company’s stock after acquiring an additional 1,761 shares during the quarter. PFG Investments LLC’s holdings in iShares Core Dividend Growth ETF were worth $570,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of DGRO. Ulland Investment Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $27,000. Truvestments Capital LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the third quarter valued at approximately $28,000. Tompkins Financial Corp bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $41,000. SWAN Capital LLC purchased a new stake in iShares Core Dividend Growth ETF in the third quarter worth $50,000. Finally, Bfsg LLC bought a new stake in iShares Core Dividend Growth ETF in the third quarter valued at $61,000.

iShares Core Dividend Growth ETF Trading Down 0.2 %

Shares of NYSEARCA DGRO opened at $63.11 on Thursday. The firm has a fifty day simple moving average of $62.73 and a two-hundred day simple moving average of $62.00. iShares Core Dividend Growth ETF has a 12 month low of $54.31 and a 12 month high of $65.08. The firm has a market capitalization of $29.88 billion, a PE ratio of 19.25 and a beta of 0.71.

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.