iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Hits New 1-Year High at $60.66

iShares Core Dividend Growth ETF (NYSEARCA:DGRO)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $60.66 and last traded at $60.59, with a volume of 690493 shares. The stock had previously closed at $60.05.

iShares Core Dividend Growth ETF Price Performance

The business has a 50 day moving average of $58.12 and a 200 day moving average of $56.90. The firm has a market capitalization of $28.53 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

Institutional Trading of iShares Core Dividend Growth ETF

Hedge funds have recently modified their holdings of the company. Tritonpoint Wealth LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $299,000. Koshinski Asset Management Inc. raised its holdings in iShares Core Dividend Growth ETF by 33.7% during the 4th quarter. Koshinski Asset Management Inc. now owns 7,281 shares of the company’s stock worth $392,000 after buying an additional 1,837 shares during the period. Wealthcare Advisory Partners LLC lifted its stake in iShares Core Dividend Growth ETF by 6.7% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 31,572 shares of the company’s stock valued at $1,699,000 after buying an additional 1,996 shares in the last quarter. Graypoint LLC lifted its stake in iShares Core Dividend Growth ETF by 0.6% in the fourth quarter. Graypoint LLC now owns 104,419 shares of the company’s stock valued at $5,620,000 after buying an additional 595 shares in the last quarter. Finally, Global Wealth Management Investment Advisory Inc. increased its position in shares of iShares Core Dividend Growth ETF by 2.2% during the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 15,616 shares of the company’s stock worth $840,000 after acquiring an additional 340 shares in the last quarter.

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.