Houlihan Financial Resource Group Ltd. Has $7.55 Million Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Houlihan Financial Resource Group Ltd. grew its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 111.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 106,989 shares of the company’s stock after purchasing an additional 56,433 shares during the quarter. iShares Core Dividend Growth ETF comprises 2.9% of Houlihan Financial Resource Group Ltd.’s portfolio, making the stock its 7th biggest holding. Houlihan Financial Resource Group Ltd.’s holdings in iShares Core Dividend Growth ETF were worth $7,545,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in DGRO. Tortoise Investment Management LLC raised its position 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. Group One Trading LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at approximately $28,000. Costello Asset Management INC raised its position in shares of iShares Core Dividend Growth ETF by 79.5% in the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock valued at $29,000 after buying an additional 186 shares in the last quarter. Strategic Wealth Investment Group LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at approximately $29,000. Finally, Independence Bank of Kentucky increased its position in iShares Core Dividend Growth ETF by 80.7% during the 4th quarter. Independence Bank of Kentucky now owns 506 shares of the company’s stock worth $35,000 after purchasing an additional 226 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $74.67 on Friday. The company has a 50 day simple moving average of $72.22 and a 200 day simple moving average of $71.38. The stock has a market cap of $40.18 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 1 year low of $61.47 and a 1 year high of $75.03.

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.