HF Advisory Group LLC Purchases 6,708 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

HF Advisory Group LLC increased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 107,265 shares of the company’s stock after purchasing an additional 6,708 shares during the period. iShares Core Dividend Growth ETF makes up about 2.9% of HF Advisory Group LLC’s portfolio, making the stock its biggest holding. HF Advisory Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,627,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in DGRO. Dunhill Financial LLC boosted its position in iShares Core Dividend Growth ETF by 300.0% in the fourth quarter. Dunhill Financial LLC now owns 400 shares of the company’s stock valued at $25,000 after buying an additional 300 shares in the last quarter. Accredited Wealth Management LLC acquired a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $28,000. Y.D. More Investments Ltd acquired a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $33,000. Rialto Wealth Management LLC acquired a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $33,000. Finally, Mpwm Advisory Solutions LLC bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at $33,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $62.49 on Thursday. The company has a fifty day moving average price of $60.12 and a 200-day moving average price of $61.89. The company has a market capitalization of $31.08 billion, a P/E ratio of 20.04 and a beta of 0.86. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $65.08.

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.