OLD Point Trust & Financial Services N A Makes New $46,000 Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

OLD Point Trust & Financial Services N A acquired a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 750 shares of the company’s stock, valued at approximately $46,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sandy Spring Bank lifted its position in iShares Core Dividend Growth ETF by 388.5% in the 4th quarter. Sandy Spring Bank now owns 3,869 shares of the company’s stock valued at $237,000 after acquiring an additional 3,077 shares in the last quarter. Brooklyn FI LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $203,000. Compass Ion Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.8% in the fourth quarter. Compass Ion Advisors LLC now owns 394,925 shares of the company’s stock valued at $24,225,000 after purchasing an additional 7,170 shares in the last quarter. ProVise Management Group LLC boosted its position in shares of iShares Core Dividend Growth ETF by 1.0% during the fourth quarter. ProVise Management Group LLC now owns 1,238,385 shares of the company’s stock worth $75,963,000 after buying an additional 12,161 shares during the period. Finally, Custos Family Office LLC lifted its stake in iShares Core Dividend Growth ETF by 5.7% in the 4th quarter. Custos Family Office LLC now owns 283,009 shares of the company’s stock valued at $17,360,000 after acquiring an additional 15,199 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.3 %

Shares of DGRO opened at $61.72 on Friday. iShares Core Dividend Growth ETF has a twelve month low of $55.08 and a twelve month high of $65.08. The stock has a market capitalization of $30.25 billion, a P/E ratio of 21.26 and a beta of 0.89. The company has a 50 day moving average of $62.95 and a 200-day moving average of $62.78.

iShares Core Dividend Growth ETF Company 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.