Directional Asset Management Buys Shares of 52,291 iShares Core Dividend Growth ETF $DGRO

Directional Asset Management 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 institutional investor purchased 52,291 shares of the company’s stock, valued at approximately $3,630,000. iShares Core Dividend Growth ETF accounts for approximately 3.2% of Directional Asset Management’s holdings, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Tortoise Investment Management LLC lifted its holdings in iShares Core Dividend Growth ETF by 89.5% in the third quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after acquiring an additional 179 shares during the last quarter. Group One Trading LLC acquired a new stake in iShares Core Dividend Growth ETF during the third quarter worth $28,000. Costello Asset Management INC increased its stake in iShares Core Dividend Growth ETF by 79.5% during the third quarter. Costello Asset Management INC now owns 420 shares of the company’s stock worth $29,000 after acquiring an additional 186 shares during the last quarter. Strategic Wealth Investment Group LLC purchased a new stake in iShares Core Dividend Growth ETF in the second quarter valued at $29,000. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF in the third quarter valued at $33,000.

iShares Core Dividend Growth ETF Stock Up 0.3%

Shares of iShares Core Dividend Growth ETF stock opened at $73.15 on Friday. The firm has a market cap of $39.30 billion, a PE ratio of 19.66 and a beta of 0.80. iShares Core Dividend Growth ETF has a 52 week low of $58.44 and a 52 week high of $74.28. The business’s fifty day simple moving average is $71.79 and its 200-day simple moving average is $70.46.

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.