Investment Partners Asset Management Inc. Acquires 730 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Investment Partners Asset Management Inc. increased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 8.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,853 shares of the company’s stock after purchasing an additional 730 shares during the quarter. Investment Partners Asset Management Inc.’s holdings in iShares Core Dividend Growth ETF were worth $604,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 5,922.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock worth $81,831,000 after purchasing an additional 1,311,899 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at $44,389,000. MML Investors Services LLC grew its holdings in iShares Core Dividend Growth ETF by 20.4% in the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after acquiring an additional 644,193 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares Core Dividend Growth ETF by 3.2% in the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after acquiring an additional 413,083 shares during the period. Finally, Summit Investment Advisory Services LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth about $23,432,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO opened at $63.59 on Thursday. iShares Core Dividend Growth ETF has a 1 year low of $54.31 and a 1 year high of $65.08. The stock has a market capitalization of $30.11 billion, a PE ratio of 19.25 and a beta of 0.71. The business’s 50-day moving average is $62.53 and its 200 day moving average is $62.28.

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.