Root Financial Partners LLC Takes Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Root Financial Partners LLC purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 5,554 shares of the company’s stock, valued at approximately $341,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Ulland Investment Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $27,000. Truvestments Capital LLC acquired a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $28,000. Y.D. More Investments Ltd acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Tompkins Financial Corp acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $41,000. Finally, New Wave Wealth Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $49,000.

iShares Core Dividend Growth ETF Trading Down 0.4 %

DGRO stock opened at $63.81 on Friday. iShares Core Dividend Growth ETF has a 52 week low of $55.08 and a 52 week high of $65.08. The company has a market capitalization of $30.21 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The firm’s 50-day moving average is $62.53 and its two-hundred day moving average is $62.32.

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.