Squire Investment Management Company LLC Invests $328,000 in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Squire Investment Management Company LLC acquired a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,345 shares of the company’s stock, valued at approximately $328,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Ulland Investment Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at $27,000. Truvestments Capital LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at about $28,000. Y.D. More Investments Ltd bought a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $33,000. Tompkins Financial Corp acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $41,000. Finally, New Wave Wealth Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $49,000.

iShares Core Dividend Growth ETF Stock Up 0.8 %

iShares Core Dividend Growth ETF stock opened at $64.07 on Friday. iShares Core Dividend Growth ETF has a twelve month low of $54.64 and a twelve month high of $65.08. The company has a 50 day moving average of $62.53 and a 200-day moving average of $62.29. The stock has a market capitalization of $30.33 billion, a PE 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.