KCM Investment Advisors LLC Buys 1,080 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

KCM Investment Advisors LLC lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,518 shares of the company’s stock after acquiring an additional 1,080 shares during the quarter. KCM Investment Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,547,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Ulland Investment Advisors LLC bought a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at about $27,000. Y.D. More Investments Ltd purchased a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Rialto Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $33,000. Synergy Investment Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth approximately $37,000. Finally, Tompkins Financial Corp bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $41,000.

iShares Core Dividend Growth ETF Trading Down 5.5 %

Shares of DGRO stock opened at $56.43 on Friday. iShares Core Dividend Growth ETF has a 12 month low of $55.08 and a 12 month high of $65.08. The company has a 50 day simple moving average of $62.69 and a two-hundred day simple moving average of $62.76. The stock has a market cap of $27.77 billion, a P/E ratio of 20.41 and a beta of 0.86.

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.