Graypoint LLC Buys 2,271 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Graypoint LLC increased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 108,188 shares of the company’s stock after acquiring an additional 2,271 shares during the quarter. Graypoint LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,636,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its stake in iShares Core Dividend Growth ETF by 1.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 525,457 shares of the company’s stock worth $32,941,000 after acquiring an additional 6,817 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $855,000. Norway Savings Bank increased its holdings in iShares Core Dividend Growth ETF by 327.4% during the fourth quarter. Norway Savings Bank now owns 27,979 shares of the company’s stock valued at $1,716,000 after buying an additional 21,433 shares during the period. Regent Peak Wealth Advisors LLC raised its stake in iShares Core Dividend Growth ETF by 40.3% in the fourth quarter. Regent Peak Wealth Advisors LLC now owns 334,576 shares of the company’s stock worth $20,523,000 after buying an additional 96,186 shares in the last quarter. Finally, FC Advisory LLC lifted its holdings in iShares Core Dividend Growth ETF by 1.5% during the fourth quarter. FC Advisory LLC now owns 181,453 shares of the company’s stock worth $11,130,000 after buying an additional 2,600 shares during the period.

iShares Core Dividend Growth ETF Trading Down 1.5 %

Shares of DGRO traded down $0.91 during trading hours on Friday, hitting $60.46. The company had a trading volume of 3,747,281 shares, compared to its average volume of 2,072,598. The company has a market capitalization of $28.62 billion, a PE ratio of 19.25 and a beta of 0.71. The company’s fifty day moving average price is $62.94 and its two-hundred day moving average price is $61.53. iShares Core Dividend Growth ETF has a one year low of $53.11 and a one year high of $65.08.

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.