Romano Brothers AND Company Boosts Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Romano Brothers AND Company raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 38.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 5,995 shares of the company’s stock after purchasing an additional 1,680 shares during the period. Romano Brothers AND Company’s holdings in iShares Core Dividend Growth ETF were worth $376,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Tsfg LLC increased its position in iShares Core Dividend Growth ETF by 104.1% in the 2nd quarter. Tsfg LLC now owns 496 shares of the company’s stock valued at $29,000 after acquiring an additional 253 shares during the period. ZRC Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the first quarter valued at approximately $44,000. Bfsg LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth approximately $61,000. Quent Capital LLC grew its position in iShares Core Dividend Growth ETF by 49,900.0% in the 3rd quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock valued at $63,000 after buying an additional 998 shares during the last quarter. Finally, Ridgewood Investments LLC acquired a new position in iShares Core Dividend Growth ETF in the 2nd quarter valued at $68,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $62.90 on Friday. The stock has a market capitalization of $29.78 billion, a PE ratio of 19.25 and a beta of 0.71. The company has a fifty day moving average of $62.14 and a 200-day moving average of $59.31. iShares Core Dividend Growth ETF has a one year low of $47.19 and a one year high of $64.00.

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.