Sugar Maple Asset Management LLC Makes New $86,000 Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sugar Maple Asset Management LLC bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,400 shares of the company’s stock, valued at approximately $86,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DGRO. Edgestream Partners L.P. purchased a new stake in iShares Core Dividend Growth ETF in the second quarter worth approximately $240,000. Blair William & Co. IL boosted its stake in shares of iShares Core Dividend Growth ETF by 8.6% during the second quarter. Blair William & Co. IL now owns 57,479 shares of the company’s stock valued at $3,311,000 after purchasing an additional 4,572 shares during the period. Brighton Jones LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the second quarter valued at approximately $224,000. Mill Creek Capital Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the second quarter valued at approximately $8,101,000. Finally, Drucker Wealth 3.0 LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the second quarter valued at approximately $945,000.

iShares Core Dividend Growth ETF Stock Up 0.5 %

Shares of DGRO stock opened at $62.59 on Tuesday. The stock has a fifty day moving average of $62.74 and a 200 day moving average of $61.78. iShares Core Dividend Growth ETF has a 52 week low of $53.18 and a 52 week high of $65.08. The firm has a market capitalization of $29.63 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.