iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Purchased by Cornell Pochily Investment Advisors Inc.

Cornell Pochily Investment Advisors Inc. lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.6% in the 1st quarter, Holdings Channel reports. The firm owned 78,008 shares of the company’s stock after purchasing an additional 1,980 shares during the quarter. iShares Core Dividend Growth ETF accounts for approximately 1.7% of Cornell Pochily Investment Advisors Inc.’s portfolio, making the stock its 10th biggest position. Cornell Pochily Investment Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $4,819,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Dunhill Financial LLC raised its position in iShares Core Dividend Growth ETF by 300.0% during the fourth quarter. Dunhill Financial LLC now owns 400 shares of the company’s stock worth $25,000 after acquiring an additional 300 shares during the last quarter. Sound Income Strategies LLC raised its position in iShares Core Dividend Growth ETF by 235.2% during the first quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock worth $25,000 after acquiring an additional 287 shares during the last quarter. Accredited Wealth Management LLC acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth about $28,000. Mpwm Advisory Solutions LLC acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth about $33,000. Finally, Rialto Wealth Management LLC acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth about $33,000.

iShares Core Dividend Growth ETF Trading Down 1.0%

Shares of DGRO opened at $62.82 on Friday. The stock has a market cap of $31.35 billion, a P/E ratio of 20.47 and a beta of 0.85. The company has a 50-day moving average of $60.67 and a two-hundred day moving average of $61.83. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month 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.