iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Purchased by Royal Fund Management LLC

Royal Fund Management LLC boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 119,656 shares of the company’s stock after purchasing an additional 2,583 shares during the quarter. Royal Fund Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $7,353,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DGRO. Sugar Maple Asset Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $86,000. ZWJ Investment Counsel Inc. acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth about $489,000. Koshinski Asset Management Inc. grew its stake in iShares Core Dividend Growth ETF by 5.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 17,047 shares of the company’s stock valued at $1,046,000 after acquiring an additional 882 shares in the last quarter. Ulland Investment Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at about $27,000. Finally, Hoese & Co LLP lifted its stake in iShares Core Dividend Growth ETF by 28.0% in the 4th quarter. Hoese & Co LLP now owns 99,875 shares of the company’s stock worth $6,126,000 after purchasing an additional 21,852 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $62.59 on Tuesday. iShares Core Dividend Growth ETF has a 1 year low of $53.18 and a 1 year high of $65.08. The firm has a market capitalization of $29.63 billion, a PE ratio of 19.25 and a beta of 0.71. The business has a 50 day simple moving average of $62.74 and a 200-day simple moving average of $61.78.

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.