D Orazio & Associates Inc. Buys New Stake in iShares Core Dividend Growth ETF $DGRO

D Orazio & Associates Inc. bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 377,867 shares of the company’s stock, valued at approximately $28,487,000. iShares Core Dividend Growth ETF comprises about 3.1% of D Orazio & Associates Inc.’s investment portfolio, making the stock its 9th largest position. D Orazio & Associates Inc. owned about 0.07% of iShares Core Dividend Growth ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Next Level Wealth Planning LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the third quarter worth $27,000. John Boyer Inc. purchased a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at $35,000. Tompkins Financial Corp purchased a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at $50,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at $51,000. Finally, Independence Bank of Kentucky lifted its stake in iShares Core Dividend Growth ETF by 69.8% during the 3rd quarter. Independence Bank of Kentucky now owns 681 shares of the company’s stock worth $51,000 after acquiring an additional 280 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.3%

DGRO opened at $81.55 on Wednesday. The stock’s 50-day moving average price is $78.37 and its 200 day moving average price is $75.50. iShares Core Dividend Growth ETF has a 12-month low of $67.14 and a 12-month high of $82.90. The firm has a market cap of $45.64 billion, a price-to-earnings ratio of 22.08 and a beta of 0.76.

iShares Core Dividend Growth ETF Company 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.