Moloney Securities Asset Management LLC Purchases 2,762 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Moloney Securities Asset Management LLC raised its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 23.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,474 shares of the company’s stock after purchasing an additional 2,762 shares during the period. Moloney Securities Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $888,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Ulland Investment Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth about $27,000. Truvestments Capital LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at about $28,000. Y.D. More Investments Ltd purchased a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $33,000. Tompkins Financial Corp bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $41,000. Finally, New Wave Wealth Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $49,000.

iShares Core Dividend Growth ETF Stock Down 0.6 %

Shares of NYSEARCA:DGRO opened at $63.28 on Monday. The company has a market capitalization of $29.96 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The firm has a 50 day moving average of $62.58 and a 200 day moving average of $62.21. iShares Core Dividend Growth ETF has a 52 week low of $54.31 and a 52 week high of $65.08.

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.