iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Sets New 52-Week High – Time to Buy?

iShares Core Dividend Growth ETF (NYSEARCA:DGROGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $79.87 and last traded at $79.81, with a volume of 90556 shares traded. The stock had previously closed at $79.62.

iShares Core Dividend Growth ETF Price Performance

The business’s 50 day simple moving average is $76.72 and its 200 day simple moving average is $73.94. The company has a market capitalization of $43.70 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76.

Hedge Funds Weigh In On iShares Core Dividend Growth ETF

Institutional investors have recently added to or reduced their stakes in the stock. Greenline Wealth Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $26,000. MBM Wealth Consultants LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the first quarter valued at approximately $27,000. Group One Trading LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the third quarter valued at approximately $28,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the second quarter valued at approximately $29,000.

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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