Smith Anglin Financial LLC Purchases 59,147 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Smith Anglin Financial LLC boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,405,839 shares of the company’s stock after buying an additional 59,147 shares during the period. iShares Core Dividend Growth ETF makes up 8.1% of Smith Anglin Financial LLC’s holdings, making the stock its 2nd biggest holding. Smith Anglin Financial LLC owned about 0.30% of iShares Core Dividend Growth ETF worth $86,234,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of DGRO. HF Advisory Group LLC increased its stake in iShares Core Dividend Growth ETF by 1.7% in the third quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock valued at $6,179,000 after purchasing an additional 1,627 shares in the last quarter. Cornell Pochily Investment Advisors Inc. increased its stake in iShares Core Dividend Growth ETF by 7.6% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock valued at $4,637,000 after purchasing an additional 5,254 shares in the last quarter. World Investment Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 45.8% in the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after purchasing an additional 11,634 shares in the last quarter. Fisher Asset Management LLC bought a new stake in iShares Core Dividend Growth ETF in the third quarter valued at $208,000. Finally, Newbridge Financial Services Group Inc. increased its stake in iShares Core Dividend Growth ETF by 2.0% in the second quarter. Newbridge Financial Services Group Inc. now owns 18,129 shares of the company’s stock valued at $1,044,000 after purchasing an additional 362 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.6 %

DGRO opened at $61.28 on Wednesday. iShares Core Dividend Growth ETF has a 1-year low of $53.11 and a 1-year high of $65.08. The company has a market cap of $29.01 billion, a P/E ratio of 19.25 and a beta of 0.71. The company has a fifty day moving average price of $62.87 and a two-hundred day moving average price of $61.65.

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.