Traders Buy Large Volume of iShares Core Dividend Growth ETF Call Options (NYSEARCA:DGRO)

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) saw unusually large options trading on Wednesday. Stock investors purchased 16,189 call options on the company. This represents an increase of approximately 1,901% compared to the average volume of 809 call options.

iShares Core Dividend Growth ETF Stock Up 0.3%

NYSEARCA:DGRO traded up $0.26 during trading hours on Wednesday, hitting $75.38. 711,480 shares of the company’s stock traded hands, compared to its average volume of 2,151,068. iShares Core Dividend Growth ETF has a 52 week low of $62.88 and a 52 week high of $76.07. The business’s fifty day simple moving average is $74.03 and its two-hundred day simple moving average is $72.21. The firm has a market cap of $40.57 billion, a P/E ratio of 19.66 and a beta of 0.77.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 52.5% in the 4th quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock worth $411,000 after buying an additional 2,304 shares during the last quarter. AQR Capital Management LLC grew its position in iShares Core Dividend Growth ETF by 95.4% in the first quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock worth $855,000 after acquiring an additional 6,758 shares in the last quarter. Russell Investments Group Ltd. increased its stake in iShares Core Dividend Growth ETF by 114.6% in the second quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock valued at $77,000 after acquiring an additional 643 shares during the last quarter. Glenview Trust co raised its position in iShares Core Dividend Growth ETF by 7.2% during the second quarter. Glenview Trust co now owns 9,516 shares of the company’s stock valued at $608,000 after purchasing an additional 637 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its position in iShares Core Dividend Growth ETF by 2.6% during the second quarter. Main Street Financial Solutions LLC now owns 12,191 shares of the company’s stock valued at $779,000 after purchasing an additional 305 shares in the last quarter.

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.