Park Avenue Securities LLC Purchases 118,958 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Park Avenue Securities LLC lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 71.9% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 284,334 shares of the company’s stock after buying an additional 118,958 shares during the quarter. Park Avenue Securities LLC owned approximately 0.06% of iShares Core Dividend Growth ETF worth $17,825,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 3.6% in the fourth quarter. Fisher Asset Management LLC now owns 5,166 shares of the company’s stock worth $278,000 after acquiring an additional 179 shares during the period. Sheaff Brock Investment Advisors LLC grew its holdings in iShares Core Dividend Growth ETF by 2.7% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 7,086 shares of the company’s stock valued at $411,000 after buying an additional 186 shares in the last quarter. HHM Wealth Advisors LLC raised its position in shares of iShares Core Dividend Growth ETF by 5.7% during the second quarter. HHM Wealth Advisors LLC now owns 3,730 shares of the company’s stock valued at $215,000 after buying an additional 200 shares during the last quarter. Ausdal Financial Partners Inc. boosted its position in shares of iShares Core Dividend Growth ETF by 0.8% during the second quarter. Ausdal Financial Partners Inc. now owns 27,434 shares of the company’s stock worth $1,580,000 after acquiring an additional 205 shares during the last quarter. Finally, Destination Wealth Management grew its stake in iShares Core Dividend Growth ETF by 3.3% during the second quarter. Destination Wealth Management now owns 6,764 shares of the company’s stock valued at $390,000 after acquiring an additional 213 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.4 %

Shares of DGRO stock opened at $62.26 on Friday. The company’s fifty day simple moving average is $60.92 and its two-hundred day simple moving average is $58.68. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $62.88. The stock has a market cap of $29.48 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.