Marshall Financial Group LLC Buys 4,882 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Marshall Financial Group LLC boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 8.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 61,737 shares of the company’s stock after purchasing an additional 4,882 shares during the period. iShares Core Dividend Growth ETF makes up approximately 1.0% of Marshall Financial Group LLC’s holdings, making the stock its 16th largest holding. Marshall Financial Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,584,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Vima LLC bought a new position in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $25,000. Voisard Asset Management Group Inc. bought a new position in iShares Core Dividend Growth ETF in the 4th quarter worth about $27,000. Raleigh Capital Management Inc. purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $26,000. Private Wealth Management Group LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at about $36,000. Finally, ZRC Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF in the first quarter valued at approximately $44,000.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock traded up $0.02 during midday trading on Thursday, reaching $57.70. 529,003 shares of the stock were exchanged, compared to its average volume of 1,475,021. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $58.61. The firm has a market cap of $27.32 billion, a PE ratio of 19.25 and a beta of 0.71. The company’s fifty day moving average is $57.42 and its 200-day moving average is $56.17.

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.