Summit Investment Advisory Services LLC Buys New Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Summit Investment Advisory Services LLC purchased a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 373,780 shares of the company’s stock, valued at approximately $23,432,000. iShares Core Dividend Growth ETF comprises 12.4% of Summit Investment Advisory Services LLC’s holdings, making the stock its 3rd biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in DGRO. Tsfg LLC grew its stake in iShares Core Dividend Growth ETF by 104.1% during the 2nd quarter. Tsfg LLC now owns 496 shares of the company’s stock worth $29,000 after buying an additional 253 shares during the last quarter. ZRC Wealth Management LLC purchased a new position in iShares Core Dividend Growth ETF during the 1st quarter worth approximately $44,000. Central Bank & Trust Co. grew its stake in iShares Core Dividend Growth ETF by 67.5% during the 1st quarter. Central Bank & Trust Co. now owns 774 shares of the company’s stock worth $45,000 after buying an additional 312 shares during the last quarter. Bfsg LLC purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $61,000. Finally, Quent Capital LLC grew its stake in iShares Core Dividend Growth ETF by 49,900.0% during the 3rd quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $63,000 after buying an additional 998 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.0 %

Shares of iShares Core Dividend Growth ETF stock traded up $0.03 during trading hours on Thursday, hitting $63.83. 209,357 shares of the company were exchanged, compared to its average volume of 1,399,110. The stock has a market capitalization of $30.22 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $63.96. The business has a 50-day moving average of $61.66 and a 200-day moving average of $59.07.

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.