Summit X LLC Has $505,000 Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Summit X LLC grew its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 12.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 8,229 shares of the company’s stock after acquiring an additional 888 shares during the period. Summit X LLC’s holdings in iShares Core Dividend Growth ETF were worth $505,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Counterweight Ventures LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 1.3% during the fourth quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock valued at $1,658,000 after acquiring an additional 349 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at $3,573,000. Ranch Capital Advisors Inc. lifted its stake in shares of iShares Core Dividend Growth ETF by 1.7% during the fourth quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock valued at $1,143,000 after acquiring an additional 317 shares during the period. World Investment Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 45.8% during the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after acquiring an additional 11,634 shares during the period. Finally, Sterling Wealth Advisors Inc acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at $1,969,000.

iShares Core Dividend Growth ETF Stock Down 1.4 %

Shares of DGRO opened at $61.59 on Wednesday. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08. The firm has a market capitalization of $30.18 billion, a PE ratio of 22.22 and a beta of 0.89. The stock’s fifty day simple moving average is $62.92 and its 200-day simple moving average is $62.80.

iShares Core Dividend Growth ETF 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.