Alhambra Investment Management LLC lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report) by 16.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,411 shares of the company’s stock after purchasing an additional 14,775 shares during the quarter. iShares Core Dividend Growth ETF accounts for 3.3% of Alhambra Investment Management LLC’s portfolio, making the stock its 4th largest position. Alhambra Investment Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,343,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC acquired a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $28,000. Tompkins Financial Corp acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $41,000. SWAN Capital LLC bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at $50,000. Bfsg LLC acquired a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth $61,000. Finally, Quent Capital LLC increased its holdings in iShares Core Dividend Growth ETF by 49,900.0% during the 3rd quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $63,000 after purchasing an additional 998 shares in the last quarter.
iShares Core Dividend Growth ETF Price Performance
DGRO stock opened at $62.59 on Friday. The business has a 50-day moving average of $62.77 and a 200-day moving average of $61.69. iShares Core Dividend Growth ETF has a fifty-two week low of $53.18 and a fifty-two week high of $65.08. The stock has a market capitalization of $29.63 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.
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