Smith Chas P & Associates PA Cpas Grows Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Smith Chas P & Associates PA Cpas raised its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 84.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 304,569 shares of the company’s stock after acquiring an additional 139,051 shares during the quarter. Smith Chas P & Associates PA Cpas’ holdings in iShares Core Dividend Growth ETF were worth $21,143,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Tortoise Investment Management LLC grew its holdings in iShares Core Dividend Growth ETF by 89.5% in the third quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after purchasing an additional 179 shares during the period. Group One Trading LLC purchased a new stake in iShares Core Dividend Growth ETF in the third quarter worth about $28,000. Costello Asset Management INC grew its holdings in iShares Core Dividend Growth ETF by 79.5% in the third quarter. Costello Asset Management INC now owns 420 shares of the company’s stock worth $29,000 after purchasing an additional 186 shares during the period. Strategic Wealth Investment Group LLC purchased a new stake in iShares Core Dividend Growth ETF in the second quarter worth about $29,000. Finally, Independence Bank of Kentucky lifted its stake in shares of iShares Core Dividend Growth ETF by 80.7% in the fourth quarter. Independence Bank of Kentucky now owns 506 shares of the company’s stock worth $35,000 after buying an additional 226 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $74.57 on Thursday. The company has a market cap of $40.13 billion, a PE ratio of 19.66 and a beta of 0.77. The firm’s 50 day moving average price is $72.14 and its 200-day moving average price is $71.33. iShares Core Dividend Growth ETF has a 52-week low of $61.47 and a 52-week high of $75.03.

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.