Short Interest in iShares International Dividend Growth ETF (BATS:IGRO) Declines By 34.5%

iShares International Dividend Growth ETF (BATS:IGRO) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 14,415 shares, a decline of 34.5% from the July 30th total of 22,005 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 30,381 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

Hedge funds have recently made changes to their positions in the business. Janney Montgomery Scott LLC grew its holdings in shares of iShares International Dividend Growth ETF by 3.5% during the first quarter. Janney Montgomery Scott LLC now owns 195,114 shares of the company’s stock worth $16,345,000 after buying an additional 6,566 shares during the last quarter. Captrust Financial Advisors lifted its position in iShares International Dividend Growth ETF by 6.7% during the 2nd quarter. Captrust Financial Advisors now owns 75,155 shares of the company’s stock worth $5,929,000 after acquiring an additional 4,748 shares during the period. ADG Wealth Management Group LLC lifted its position in iShares International Dividend Growth ETF by 8.0% during the 1st quarter. ADG Wealth Management Group LLC now owns 62,883 shares of the company’s stock worth $5,268,000 after acquiring an additional 4,665 shares during the period. Sunbelt Securities Inc. grew its stake in shares of iShares International Dividend Growth ETF by 1.0% in the 1st quarter. Sunbelt Securities Inc. now owns 45,510 shares of the company’s stock valued at $3,812,000 after purchasing an additional 443 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of iShares International Dividend Growth ETF by 23.7% in the 1st quarter. Bank of New York Mellon Corp now owns 14,847 shares of the company’s stock valued at $1,244,000 after purchasing an additional 2,849 shares during the last quarter.

iShares International Dividend Growth ETF Price Performance

Shares of BATS:IGRO opened at $92.21 on Tuesday. The stock has a market cap of $1.41 billion, a P/E ratio of 16.33 and a beta of 0.74. The firm has a fifty day moving average price of $90.69 and a 200 day moving average price of $88.24. iShares International Dividend Growth ETF has a 1-year low of $78.18 and a 1-year high of $93.56.

iShares International Dividend Growth ETF Company Profile

The iShares International Dividend Growth ETF (IGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of international equities that have growing dividends. IGRO was launched on May 17, 2016 and is managed by BlackRock.