iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Short Interest Update

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 840,730 shares, an increase of 64.1% from the November 30th total of 512,215 shares. Based on an average daily volume of 1,805,975 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 1,805,975 shares, the short-interest ratio is presently 0.5 days.

iShares Core Dividend Growth ETF Stock Down 0.2%

DGRO stock traded down $0.13 during midday trading on Monday, reaching $70.05. 1,524,388 shares of the company’s stock traded hands, compared to its average volume of 1,837,086. The firm’s fifty day moving average price is $68.95 and its 200-day moving average price is $67.02. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $70.61. The company has a market cap of $35.55 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84.

Institutional Investors Weigh In On iShares Core Dividend Growth ETF

A number of institutional investors and hedge funds have recently made changes to their positions in DGRO. Tortoise Investment Management LLC increased its holdings in iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after purchasing an additional 179 shares in the last quarter. Proathlete Wealth Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the second quarter valued at approximately $25,000. Group One Trading LLC bought a new stake in iShares Core Dividend Growth ETF during the third quarter worth $28,000. Costello Asset Management INC raised its position in iShares Core Dividend Growth ETF by 79.5% in the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock valued at $29,000 after buying an additional 186 shares during the last quarter. Finally, Rise Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF in the 1st quarter valued at $27,000.

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.