Traynor Capital Management Inc. Buys Shares of 3,930 iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Traynor Capital Management Inc. purchased a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,930 shares of the company’s stock, valued at approximately $241,000.

A number of other hedge funds have also recently made changes to their positions in DGRO. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF in the third quarter worth about $28,000. Ulland Investment Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $27,000. Tompkins Financial Corp purchased a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $41,000. SWAN Capital LLC acquired a new stake in iShares Core Dividend Growth ETF in the third quarter valued at approximately $50,000. Finally, Bfsg LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter worth $61,000.

iShares Core Dividend Growth ETF Trading Up 0.7 %

Shares of DGRO stock opened at $63.35 on Friday. iShares Core Dividend Growth ETF has a 12-month low of $54.17 and a 12-month high of $65.08. The business’s fifty day simple moving average is $62.71 and its 200-day simple moving average is $61.84. The company has a market cap of $29.99 billion, a PE ratio of 19.25 and a beta of 0.71.

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.