Strategic Equity Management Buys 7,848 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Strategic Equity Management raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 8.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 105,044 shares of the company’s stock after buying an additional 7,848 shares during the period. iShares Core Dividend Growth ETF comprises about 2.7% of Strategic Equity Management’s portfolio, making the stock its 12th biggest position. Strategic Equity Management’s holdings in iShares Core Dividend Growth ETF were worth $6,443,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $27,000. Truvestments Capital LLC bought a new stake 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 shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Rialto Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Finally, Synergy Investment Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $37,000.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $63.31 on Friday. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one year high of $65.08. The stock’s 50-day moving average is $62.89 and its 200 day moving average is $62.77. The firm has a market cap of $31.02 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89.

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.