iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Sets New 1-Year High – Here’s What Happened

iShares Core Dividend Growth ETF (NYSEARCA:DGROGet Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $76.25 and last traded at $76.24, with a volume of 460597 shares traded. The stock had previously closed at $75.79.

iShares Core Dividend Growth ETF Stock Up 0.6%

The company has a market cap of $41.03 billion, a P/E ratio of 19.66 and a beta of 0.77. The stock’s 50-day moving average price is $74.34 and its 200 day moving average price is $72.42.

Institutional Investors Weigh In On iShares Core Dividend Growth ETF

Hedge funds have recently made changes to their positions in the stock. Greenline Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at $25,000. Tortoise Investment Management LLC raised its stake in shares of iShares Core Dividend Growth ETF by 89.5% in the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after buying an additional 179 shares in the last quarter. Ankerstar Wealth LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth about $26,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 1st quarter worth about $27,000. Finally, Group One Trading LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at about $28,000.

About iShares Core Dividend Growth ETF

(Get Free Report)

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.

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