Investment Partners Asset Management Inc. Grows Stock Position in iShares Core Dividend Growth ETF $DGRO

Investment Partners Asset Management Inc. boosted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.2% during the second quarter, HoldingsChannel reports. The fund owned 11,279 shares of the company’s stock after buying an additional 348 shares during the period. Investment Partners Asset Management Inc.’s holdings in iShares Core Dividend Growth ETF were worth $721,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Crowley Wealth Management Inc. raised its position in iShares Core Dividend Growth ETF by 4.8% in the second quarter. Crowley Wealth Management Inc. now owns 14,243 shares of the company’s stock valued at $911,000 after purchasing an additional 655 shares during the period. Novem Group raised its holdings in iShares Core Dividend Growth ETF by 8.9% in the 2nd quarter. Novem Group now owns 10,850 shares of the company’s stock valued at $694,000 after buying an additional 888 shares during the period. Beaumont Financial Advisors LLC raised its holdings in iShares Core Dividend Growth ETF by 1.4% in the 2nd quarter. Beaumont Financial Advisors LLC now owns 195,200 shares of the company’s stock valued at $12,481,000 after buying an additional 2,742 shares during the period. Freestate Advisors LLC boosted its stake in iShares Core Dividend Growth ETF by 1.5% during the second quarter. Freestate Advisors LLC now owns 16,749 shares of the company’s stock worth $1,071,000 after buying an additional 246 shares during the period. Finally, Essex Financial Services Inc. boosted its stake in iShares Core Dividend Growth ETF by 3.9% during the second quarter. Essex Financial Services Inc. now owns 157,123 shares of the company’s stock worth $10,046,000 after buying an additional 5,846 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $67.28 on Friday. The company’s 50 day simple moving average is $66.30 and its 200-day simple moving average is $63.17. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $68.09. The company has a market capitalization of $33.85 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89.

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.