iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Reaches New 12-Month High – Here’s What Happened

iShares Core Dividend Growth ETF (NYSEARCA:DGRO)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $63.81 and last traded at $63.70, with a volume of 94426 shares traded. The stock had previously closed at $63.78.

iShares Core Dividend Growth ETF Trading Up 0.6 %

The stock’s 50 day moving average is $61.66 and its 200 day moving average is $59.07. The stock has a market capitalization of $30.21 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

Institutional Trading of iShares Core Dividend Growth ETF

Several large investors have recently modified their holdings of DGRO. Fisher Asset Management LLC lifted its stake in iShares Core Dividend Growth ETF by 3.6% in the 4th quarter. Fisher Asset Management LLC now owns 5,166 shares of the company’s stock valued at $278,000 after buying an additional 179 shares in the last quarter. Cox Capital Mgt LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 5.4% during the first quarter. Cox Capital Mgt LLC now owns 8,857 shares of the company’s stock valued at $514,000 after acquiring an additional 457 shares during the last quarter. Legacy Financial Strategies LLC increased its position in iShares Core Dividend Growth ETF by 1.7% during the 1st quarter. Legacy Financial Strategies LLC now owns 484,017 shares of the company’s stock worth $28,102,000 after purchasing an additional 8,168 shares in the last quarter. Park Avenue Securities LLC raised its stake in iShares Core Dividend Growth ETF by 18.8% in the 1st quarter. Park Avenue Securities LLC now owns 159,080 shares of the company’s stock valued at $9,236,000 after purchasing an additional 25,148 shares during the last quarter. Finally, Inscription Capital LLC raised its stake in iShares Core Dividend Growth ETF by 79.5% in the 1st quarter. Inscription Capital LLC now owns 15,800 shares of the company’s stock valued at $905,000 after purchasing an additional 7,000 shares during the last quarter.

iShares Core Dividend Growth ETF Company 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.