D.A. Davidson & CO. Makes New Investment in iShares Core Dividend Growth ETF $DGRO

D.A. Davidson & CO. bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 150,850 shares of the company’s stock, valued at approximately $11,373,000.

Other large investors have also bought and sold shares of the company. Financial Freedom LLC bought a new stake in iShares Core Dividend Growth ETF in the first quarter valued at $35,000. John Boyer Inc. bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth about $35,000. IAG Wealth Partners LLC boosted its position in shares of iShares Core Dividend Growth ETF by 100.7% during the 1st quarter. IAG Wealth Partners LLC now owns 592 shares of the company’s stock worth $42,000 after purchasing an additional 297 shares in the last quarter. Tompkins Financial Corp bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at about $50,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at about $51,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $81.03 on Friday. The stock’s 50 day simple moving average is $78.16 and its 200 day simple moving average is $75.15. iShares Core Dividend Growth ETF has a fifty-two week low of $67.14 and a fifty-two week high of $81.79. The company has a market cap of $45.24 billion, a P/E ratio of 19.66 and a beta of 0.76.

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.