iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Purchased by Towercrest Capital Management

Towercrest Capital Management lifted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 94,445 shares of the company’s stock after acquiring an additional 223 shares during the period. iShares Core Dividend Growth ETF accounts for 0.9% of Towercrest Capital Management’s investment portfolio, making the stock its 28th biggest holding. Towercrest Capital Management’s holdings in iShares Core Dividend Growth ETF were worth $5,793,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at about $28,000. Ulland Investment Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $27,000. Rialto Wealth Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Y.D. More Investments Ltd purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Finally, Synergy Investment Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $37,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $61.52 on Monday. The stock has a 50-day simple moving average of $62.97 and a two-hundred day simple moving average of $62.79. The firm has a market capitalization of $30.15 billion, a P/E ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a fifty-two week low of $55.08 and a fifty-two week high of $65.08.

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.