iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Purchased by Financial Perspectives Inc

Financial Perspectives Inc increased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 9.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,223 shares of the company’s stock after purchasing an additional 3,676 shares during the period. iShares Core Dividend Growth ETF accounts for approximately 0.9% of Financial Perspectives Inc’s investment portfolio, making the stock its 24th biggest position. Financial Perspectives Inc’s holdings in iShares Core Dividend Growth ETF were worth $2,326,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of DGRO. Raleigh Capital Management Inc. purchased a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $27,000. Phillips Financial Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $37,000. BluePath Capital Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $44,000. Finally, Parkside Financial Bank & Trust purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth approximately $45,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO traded up $0.37 during mid-day trading on Tuesday, reaching $56.54. 1,027,640 shares of the company were exchanged, compared to its average volume of 1,598,222. The firm has a market cap of $26.62 billion, a price-to-earnings ratio of 18.84 and a beta of 0.89. The firm’s 50-day simple moving average is $56.57 and its 200 day simple moving average is $53.68. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $58.19.

iShares Core Dividend Growth ETF Company 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.