Bonfire Financial Makes New Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Bonfire Financial bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 44,311 shares of the company’s stock, valued at approximately $2,718,000. iShares Core Dividend Growth ETF accounts for 2.5% of Bonfire Financial’s holdings, making the stock its 12th biggest holding.

Other hedge funds have also made changes to their positions in the company. Alpha Financial Partners LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth $1,152,000. Valeo Financial Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 18.3% during the 3rd quarter. Valeo Financial Advisors LLC now owns 11,524 shares of the company’s stock worth $722,000 after purchasing an additional 1,781 shares during the last quarter. Koshinski Asset Management Inc. lifted its stake in shares of iShares Core Dividend Growth ETF by 189.2% during the 3rd quarter. Koshinski Asset Management Inc. now owns 16,165 shares of the company’s stock worth $1,013,000 after purchasing an additional 10,576 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth $835,000. Finally, Creative Planning lifted its stake in shares of iShares Core Dividend Growth ETF by 3.1% during the 3rd quarter. Creative Planning now owns 188,637 shares of the company’s stock worth $11,826,000 after purchasing an additional 5,690 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $63.55 on Tuesday. The business’s 50-day moving average is $62.56 and its 200 day moving average is $62.24. iShares Core Dividend Growth ETF has a 1 year low of $54.31 and a 1 year high of $65.08. The firm has a market capitalization of $30.09 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.