iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Purchased by Davidson Investment Advisors

Davidson Investment Advisors lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 27.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 65,826 shares of the company’s stock after purchasing an additional 14,184 shares during the quarter. Davidson Investment Advisors’ holdings in iShares Core Dividend Growth ETF were worth $3,392,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Eukles Asset Management acquired a new stake in shares of iShares Core Dividend Growth ETF during the 2nd quarter worth about $27,000. Ruedi Wealth Management Inc. acquired a new position in shares of iShares Core Dividend Growth ETF in the first quarter valued at approximately $29,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Core Dividend Growth ETF in the second quarter valued at $29,000. Central Bank & Trust Co. purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth about $30,000. Finally, Fiduciary Alliance LLC purchased a new position in iShares Core Dividend Growth ETF in the second quarter worth approximately $35,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO traded up $0.11 on Monday, hitting $51.00. 2,047,848 shares of the company’s stock were exchanged, compared to its average volume of 1,772,429. The firm’s 50-day moving average is $49.74 and its 200 day moving average is $50.68. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $53.55. The company has a market capitalization of $23.60 billion, a PE ratio of 15.16 and a beta of 0.89.

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.