Samalin Investment Counsel LLC Makes New Investment in iShares Core Dividend Growth ETF $DGRO

Samalin Investment Counsel LLC purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 70,041 shares of the company’s stock, valued at approximately $5,280,000. iShares Core Dividend Growth ETF accounts for about 1.6% of Samalin Investment Counsel LLC’s holdings, making the stock its 9th largest position.

Other institutional investors have also recently made changes to their positions in the company. Financial Freedom LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the first quarter valued at about $35,000. IAG Wealth Partners LLC grew its holdings in iShares Core Dividend Growth ETF by 100.7% during the 1st quarter. IAG Wealth Partners LLC now owns 592 shares of the company’s stock worth $42,000 after acquiring an additional 297 shares in the last quarter. Tompkins Financial Corp bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth about $50,000. Halbert Hargrove Global Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $51,000. Finally, Coastline Trust Co purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $53,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $79.65 on Monday. iShares Core Dividend Growth ETF has a one year low of $67.14 and a one year high of $80.58. The company has a market capitalization of $44.42 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76. The company’s 50-day simple moving average is $78.06 and its two-hundred day simple moving average is $76.36.

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.