Norden Group LLC Buys 4,885 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Norden Group LLC grew its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 24.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 24,668 shares of the company’s stock after acquiring an additional 4,885 shares during the period. Norden Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,513,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Pasadena Private Wealth LLC increased its position in shares of iShares Core Dividend Growth ETF by 1.1% in the fourth quarter. Pasadena Private Wealth LLC now owns 15,236 shares of the company’s stock worth $935,000 after purchasing an additional 161 shares during the last quarter. Lincoln Capital LLC increased its position in shares of iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock worth $615,000 after purchasing an additional 168 shares during the last quarter. Empire Financial Management Company LLC increased its position in shares of iShares Core Dividend Growth ETF by 2.7% in the third quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock worth $405,000 after purchasing an additional 171 shares during the last quarter. Bluesphere Advisors LLC increased its position in shares of iShares Core Dividend Growth ETF by 2.8% in the fourth quarter. Bluesphere Advisors LLC now owns 6,499 shares of the company’s stock worth $399,000 after purchasing an additional 177 shares during the last quarter. Finally, Ellis Investment Partners LLC increased its position in shares of iShares Core Dividend Growth ETF by 0.8% in the fourth quarter. Ellis Investment Partners LLC now owns 22,521 shares of the company’s stock worth $1,381,000 after purchasing an additional 178 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 1.2 %

DGRO stock opened at $64.12 on Friday. The company’s 50 day moving average is $62.79 and its 200 day moving average is $62.68. The stock has a market cap of $31.42 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1-year low of $55.08 and a 1-year 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.