Hoey Investments Inc. Invests $101,000 in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Hoey Investments Inc. purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,653 shares of the company’s stock, valued at approximately $101,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in iShares Core Dividend Growth ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock valued at $905,150,000 after buying an additional 1,392,383 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $616,824,000. Commonwealth Equity Services LLC lifted its holdings in iShares Core Dividend Growth ETF by 9.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock worth $476,399,000 after purchasing an additional 673,044 shares during the last quarter. Capital Investment Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 2.5% during the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after purchasing an additional 180,448 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in iShares Core Dividend Growth ETF by 36.6% during the fourth quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock valued at $259,159,000 after purchasing an additional 1,132,527 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 1.2 %

Shares of iShares Core Dividend Growth ETF stock opened at $61.15 on Monday. The firm has a fifty day simple moving average of $62.97 and a 200-day simple moving average of $62.82. The stock has a market capitalization of $29.97 billion, a price-to-earnings ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1-year low of $55.08 and a 1-year high of $65.08.

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.