Tennessee Valley Asset Management Partners Makes New Investment in iShares Core Dividend Growth ETF $DGRO

Tennessee Valley Asset Management Partners bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 40,350 shares of the company’s stock, valued at approximately $2,747,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Post Resch Tallon Group Inc. grew its position in iShares Core Dividend Growth ETF by 0.5% in the 3rd quarter. Post Resch Tallon Group Inc. now owns 30,447 shares of the company’s stock worth $2,073,000 after purchasing an additional 150 shares during the last quarter. Cvfg LLC increased its stake in shares of iShares Core Dividend Growth ETF by 2.3% during the third quarter. Cvfg LLC now owns 6,595 shares of the company’s stock valued at $449,000 after acquiring an additional 150 shares during the period. PFG Investments LLC raised its holdings in iShares Core Dividend Growth ETF by 1.5% during the third quarter. PFG Investments LLC now owns 10,320 shares of the company’s stock worth $703,000 after purchasing an additional 155 shares in the last quarter. Wealth Management Associates Inc. raised its holdings in iShares Core Dividend Growth ETF by 1.5% during the third quarter. Wealth Management Associates Inc. now owns 11,710 shares of the company’s stock worth $797,000 after purchasing an additional 174 shares in the last quarter. Finally, Summit Wealth Partners LLC lifted its position in iShares Core Dividend Growth ETF by 0.5% in the third quarter. Summit Wealth Partners LLC now owns 38,664 shares of the company’s stock worth $2,632,000 after purchasing an additional 180 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $71.29 on Thursday. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $74.28. The firm has a market cap of $37.22 billion, a P/E ratio of 19.66 and a beta of 0.84. The stock has a fifty day moving average price of $72.20 and a two-hundred day moving average price of $69.70.

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.