Hughes Financial Services LLC Buys 18,375 Shares of iShares Core Dividend Growth ETF $DGRO

Hughes Financial Services LLC raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 610,197 shares of the company’s stock after acquiring an additional 18,375 shares during the period. iShares Core Dividend Growth ETF comprises about 6.6% of Hughes Financial Services LLC’s investment portfolio, making the stock its 6th largest position. Hughes Financial Services LLC owned 0.12% of iShares Core Dividend Growth ETF worth $41,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. Tortoise Investment Management LLC grew its holdings 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 worth $26,000 after purchasing an additional 179 shares during the last quarter. Group One Trading LLC bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $28,000. Costello Asset Management INC lifted its holdings in iShares Core Dividend Growth ETF by 79.5% during the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock valued at $29,000 after purchasing an additional 186 shares during the last quarter. Strategic Wealth Investment Group LLC acquired a new position in iShares Core Dividend Growth ETF in the second quarter valued at about $29,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in iShares Core Dividend Growth ETF during the third quarter worth about $33,000.

iShares Core Dividend Growth ETF Trading Up 0.0%

NYSEARCA DGRO opened at $70.58 on Monday. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $74.28. The company has a 50 day moving average of $72.24 and a 200-day moving average of $69.77. The firm has a market cap of $36.85 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84.

About iShares Core Dividend Growth ETF

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.