HM Payson & Co. Has $826,000 Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

HM Payson & Co. grew its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 143.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,179 shares of the company’s stock after purchasing an additional 7,767 shares during the period. HM Payson & Co.’s holdings in iShares Core Dividend Growth ETF were worth $826,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in DGRO. Diversified Trust Co increased its stake in iShares Core Dividend Growth ETF by 102.0% during the 1st quarter. Diversified Trust Co now owns 11,250 shares of the company’s stock worth $653,000 after acquiring an additional 5,680 shares during the period. Diversify Advisory Services LLC acquired a new position in iShares Core Dividend Growth ETF in the first quarter valued at about $603,000. Sequoia Financial Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 2.8% during the first quarter. Sequoia Financial Advisors LLC now owns 8,289 shares of the company’s stock worth $481,000 after purchasing an additional 228 shares during the period. Concourse Financial Group Securities Inc. grew its stake in iShares Core Dividend Growth ETF by 31.8% during the first quarter. Concourse Financial Group Securities Inc. now owns 29,279 shares of the company’s stock worth $1,700,000 after buying an additional 7,062 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in iShares Core Dividend Growth ETF during the first quarter worth about $302,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $61.94 on Friday. iShares Core Dividend Growth ETF has a 1 year low of $47.77 and a 1 year high of $64.00. The stock has a market capitalization of $29.33 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company’s 50 day simple moving average is $62.29 and its 200 day simple moving average is $59.49.

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.