Sweeney & Michel LLC Makes New Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sweeney & Michel LLC bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGROFree Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 348,412 shares of the company’s stock, valued at approximately $20,180,000. iShares Core Dividend Growth ETF makes up approximately 8.9% of Sweeney & Michel LLC’s investment portfolio, making the stock its biggest position. Sweeney & Michel LLC owned approximately 0.07% of iShares Core Dividend Growth ETF at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of DGRO. Vima LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at about $25,000. LifeSteps Financial Inc. acquired a new position in iShares Core Dividend Growth ETF in the 1st quarter worth approximately $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $27,000. Horrell Capital Management Inc. acquired a new position in iShares Core Dividend Growth ETF in the 1st quarter worth approximately $29,000. Finally, Private Wealth Management Group LLC acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $36,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO traded up $0.14 during midday trading on Tuesday, hitting $60.03. The company’s stock had a trading volume of 899,238 shares, compared to its average volume of 1,450,181. iShares Core Dividend Growth ETF has a fifty-two week low of $47.19 and a fifty-two week high of $60.56. The firm’s 50 day moving average is $58.12 and its 200-day moving average is $56.90. The firm has a market cap of $28.42 billion, a P/E ratio of 19.25 and a beta of 0.71.

About iShares Core Dividend Growth ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

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