Royal Fund Management LLC Buys 11,648 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Royal Fund Management LLC raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 11.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,073 shares of the company’s stock after purchasing an additional 11,648 shares during the period. Royal Fund Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $7,353,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its position in 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 purchasing an additional 179 shares during the period. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of 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 worth $411,000 after acquiring an additional 186 shares during the period. HHM Wealth Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF by 5.7% during the 2nd quarter. HHM Wealth Advisors LLC now owns 3,730 shares of the company’s stock valued at $215,000 after acquiring an additional 200 shares in the last quarter. Ausdal Financial Partners Inc. increased its stake in iShares Core Dividend Growth ETF by 0.8% in the second quarter. Ausdal Financial Partners Inc. now owns 27,434 shares of the company’s stock valued at $1,580,000 after acquiring an additional 205 shares during the period. Finally, Destination Wealth Management raised its position in iShares Core Dividend Growth ETF by 3.3% in the second quarter. Destination Wealth Management now owns 6,764 shares of the company’s stock worth $390,000 after purchasing an additional 213 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.3 %

DGRO traded up $0.16 during midday trading on Wednesday, reaching $62.47. 76,294 shares of the company’s stock were exchanged, compared to its average volume of 1,407,875. The business has a 50-day simple moving average of $61.13 and a two-hundred day simple moving average of $58.84. The firm has a market capitalization of $29.58 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a one year low of $47.19 and a one year high of $62.88.

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.