Greenwood Gearhart Inc. Acquires New Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Greenwood Gearhart Inc. bought a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, HoldingsChannel.com reports. The firm bought 17,257 shares of the company’s stock, valued at approximately $1,059,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Ulland Investment Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $27,000. Rialto Wealth Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth $33,000. Y.D. More Investments Ltd bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at $33,000. Synergy Investment Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at $37,000. Finally, Tompkins Financial Corp bought a new position in iShares Core Dividend Growth ETF in the 4th quarter worth $41,000.

iShares Core Dividend Growth ETF Stock Down 0.4 %

NYSEARCA:DGRO opened at $58.78 on Wednesday. The stock has a market cap of $28.93 billion, a PE ratio of 20.41 and a beta of 0.86. The business’s 50-day simple moving average is $61.62 and its two-hundred day simple moving average is $62.45. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $65.08.

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.