HF Advisory Group LLC Boosts Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

HF Advisory Group LLC lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 91,270 shares of the company’s stock after acquiring an additional 1,602 shares during the quarter. iShares Core Dividend Growth ETF makes up approximately 3.1% of HF Advisory Group LLC’s portfolio, making the stock its biggest position. HF Advisory Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,912,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. HBK Sorce Advisory LLC boosted its position in iShares Core Dividend Growth ETF by 3.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 5,166 shares of the company’s stock valued at $278,000 after purchasing an additional 184 shares in the last quarter. Warner Financial Inc. boosted its position in iShares Core Dividend Growth ETF by 1.5% during the fourth quarter. Warner Financial Inc. now owns 13,216 shares of the company’s stock valued at $711,000 after purchasing an additional 194 shares in the last quarter. Ayrshire Capital Management LLC boosted its position in iShares Core Dividend Growth ETF by 2.1% during the fourth quarter. Ayrshire Capital Management LLC now owns 9,837 shares of the company’s stock valued at $529,000 after purchasing an additional 199 shares in the last quarter. Centurion Wealth Management LLC boosted its position in iShares Core Dividend Growth ETF by 0.6% during the third quarter. Centurion Wealth Management LLC now owns 34,693 shares of the company’s stock valued at $1,718,000 after purchasing an additional 209 shares in the last quarter. Finally, Patriot Investment Management Group Inc. boosted its position in iShares Core Dividend Growth ETF by 0.9% during the third quarter. Patriot Investment Management Group Inc. now owns 24,131 shares of the company’s stock valued at $1,195,000 after purchasing an additional 216 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock traded up $0.26 during midday trading on Thursday, reaching $55.52. The company’s stock had a trading volume of 447,634 shares, compared to its average volume of 1,596,202. The stock’s 50-day simple moving average is $56.51 and its 200-day simple moving average is $53.45. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $58.19. The stock has a market capitalization of $25.69 billion, a P/E ratio of 15.16 and a beta of 0.89.

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.