Abound Financial LLC Buys New Shares in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Abound Financial LLC bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,705 shares of the company’s stock, valued at approximately $350,000.

Several other institutional investors have also recently added to or reduced their stakes in DGRO. Ulland Investment Advisors LLC acquired a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at $27,000. Truvestments Capital LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth about $28,000. Y.D. More Investments Ltd purchased a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth about $33,000. Tompkins Financial Corp purchased a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth about $41,000. Finally, New Wave Wealth Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth about $49,000.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock opened at $63.76 on Friday. The stock’s 50-day moving average is $62.59 and its 200-day moving average is $62.51. The company has a market cap of $30.19 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12 month low of $55.08 and a 12 month 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.