iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Position Boosted by First Business Financial Services Inc.

First Business Financial Services Inc. lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 904,501 shares of the company’s stock after buying an additional 6,006 shares during the quarter. iShares Core Dividend Growth ETF makes up about 5.5% of First Business Financial Services Inc.’s investment portfolio, making the stock its 5th largest position. First Business Financial Services Inc.’s holdings in iShares Core Dividend Growth ETF were worth $55,482,000 as of its most recent filing with the SEC.

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

iShares Core Dividend Growth ETF Stock Up 0.7 %

iShares Core Dividend Growth ETF stock opened at $63.04 on Thursday. The company has a market cap of $30.89 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89. The firm’s fifty day moving average is $62.84 and its 200 day moving average is $62.74. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week 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.