Knightsbridge Asset Management LLC Has $9.94 Million Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Knightsbridge Asset Management LLC grew its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 162,084 shares of the company’s stock after buying an additional 6,269 shares during the quarter. iShares Core Dividend Growth ETF makes up about 2.3% of Knightsbridge Asset Management LLC’s investment portfolio, making the stock its 12th biggest position. Knightsbridge Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $9,942,000 at the end of the most recent reporting period.

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

iShares Core Dividend Growth ETF Stock Up 1.1 %

NYSEARCA:DGRO opened at $59.43 on Friday. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve month high of $65.08. The stock’s 50 day moving average price is $60.86 and its two-hundred day moving average price is $62.26. The firm has a market capitalization of $29.43 billion, a price-to-earnings ratio of 19.90 and a beta of 0.86.

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.