D Orazio & Associates Inc. Makes New Investment in iShares Core Dividend Growth ETF $DGRO

D Orazio & Associates Inc. bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the third quarter, HoldingsChannel.com reports. The firm bought 377,867 shares of the company’s stock, valued at approximately $28,487,000. iShares Core Dividend Growth ETF accounts for 3.1% of D Orazio & Associates Inc.’s portfolio, making the stock its 9th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fingerlakes Wealth Management Inc. grew its holdings in iShares Core Dividend Growth ETF by 9.3% during the 3rd quarter. Fingerlakes Wealth Management Inc. now owns 37,255 shares of the company’s stock worth $2,809,000 after acquiring an additional 3,180 shares in the last quarter. Global Wealth Management Investment Advisory Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 0.9% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 32,016 shares of the company’s stock valued at $2,414,000 after purchasing an additional 273 shares during the last quarter. Welch & Forbes LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 24.7% in the third quarter. Welch & Forbes LLC now owns 10,933 shares of the company’s stock valued at $824,000 after acquiring an additional 2,169 shares during the period. Montis Financial LLC grew its position in iShares Core Dividend Growth ETF by 11.7% during the 3rd quarter. Montis Financial LLC now owns 10,952 shares of the company’s stock worth $826,000 after purchasing an additional 1,149 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the third quarter worth about $295,000.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock opened at $81.55 on Wednesday. The stock has a market capitalization of $45.64 billion, a PE ratio of 22.08 and a beta of 0.76. The business has a 50 day simple moving average of $78.37 and a 200-day simple moving average of $75.50. iShares Core Dividend Growth ETF has a 12 month low of $67.14 and a 12 month high of $82.90.

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.