iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Sets New 52-Week High – Here’s Why

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) reached a new 52-week high on Monday . The stock traded as high as $78.48 and last traded at $78.39, with a volume of 258575 shares. The stock had previously closed at $77.84.

iShares Core Dividend Growth ETF Price Performance

The firm has a market cap of $43.26 billion, a PE ratio of 19.66 and a beta of 0.77. The business has a fifty day moving average price of $75.96 and a two-hundred day moving average price of $73.45.

Institutional Trading of iShares Core Dividend Growth ETF

A number of hedge funds have recently made changes to their positions in the stock. Greenline Wealth Management LLC acquired a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at $25,000. MBM Wealth Consultants LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 1st quarter worth about $27,000. Ankerstar Wealth LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth about $26,000. 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. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $31,000.

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.