Parsons Capital Management Inc. RI Purchases 3,927 Shares of iShares Core Dividend Growth ETF $DGRO

Parsons Capital Management Inc. RI raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,951 shares of the company’s stock after buying an additional 3,927 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in iShares Core Dividend Growth ETF were worth $6,199,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Proathlete Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the second quarter valued at $25,000. Sound Income Strategies LLC raised its stake in shares of iShares Core Dividend Growth ETF by 235.2% in the first quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock valued at $25,000 after buying an additional 287 shares during the period. Rise Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the first quarter valued at $27,000. Keystone Global Partners LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $30,000. Finally, JFS Wealth Advisors LLC raised its stake in shares of iShares Core Dividend Growth ETF by 60.7% during the 1st quarter. JFS Wealth Advisors LLC now owns 495 shares of the company’s stock valued at $31,000 after purchasing an additional 187 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $68.33 on Thursday. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $68.39. The firm has a market cap of $34.38 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89. The business’s fifty day moving average is $66.53 and its 200 day moving average is $63.35.

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.