Synergy Investment Management LLC Buys Shares of 600 iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Synergy Investment Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 600 shares of the company’s stock, valued at approximately $37,000.

Other large investors also recently added to or reduced their stakes in the company. DDFG Inc increased its stake in shares of iShares Core Dividend Growth ETF by 6.6% in the 4th quarter. DDFG Inc now owns 177,527 shares of the company’s stock valued at $10,889,000 after acquiring an additional 11,036 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of iShares Core Dividend Growth ETF by 4.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 649,553 shares of the company’s stock valued at $39,844,000 after acquiring an additional 24,956 shares during the last quarter. Wolfstich Capital LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $625,000. Meridian Wealth Management LLC increased its stake in shares of iShares Core Dividend Growth ETF by 1.4% in the 4th quarter. Meridian Wealth Management LLC now owns 185,834 shares of the company’s stock valued at $11,399,000 after acquiring an additional 2,596 shares during the last quarter. Finally, Mission Wealth Management LP increased its stake in shares of iShares Core Dividend Growth ETF by 13.1% in the 4th quarter. Mission Wealth Management LP now owns 10,066 shares of the company’s stock valued at $617,000 after acquiring an additional 1,163 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $63.04 on Thursday. The stock has a market cap of $30.89 billion, a PE ratio of 22.22 and a beta of 0.89. The stock has a 50-day moving average of $62.84 and a 200-day moving average of $62.74. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one year high of $65.08.

iShares Core Dividend Growth ETF 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.