Capital International Investors Increases Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Capital International Investors boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 37.0% during the 4th quarter, HoldingsChannel reports. The firm owned 56,112 shares of the company’s stock after purchasing an additional 15,150 shares during the period. Capital International Investors’ holdings in iShares Core Dividend Growth ETF were worth $3,895,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tortoise Investment Management LLC boosted its position in iShares Core Dividend Growth ETF by 89.5% in the third quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after purchasing an additional 179 shares during the last quarter. Group One Trading LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter worth about $28,000. Costello Asset Management INC boosted its position in iShares Core Dividend Growth ETF by 79.5% in the third quarter. Costello Asset Management INC now owns 420 shares of the company’s stock worth $29,000 after purchasing an additional 186 shares during the last quarter. Strategic Wealth Investment Group LLC purchased a new position in iShares Core Dividend Growth ETF in the second quarter worth about $29,000. Finally, Independence Bank of Kentucky boosted its position in iShares Core Dividend Growth ETF by 80.7% in the fourth quarter. Independence Bank of Kentucky now owns 506 shares of the company’s stock worth $35,000 after purchasing an additional 226 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $75.33 on Wednesday. The stock has a market capitalization of $40.54 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. The stock’s 50-day simple moving average is $73.13 and its two-hundred day simple moving average is $71.77. iShares Core Dividend Growth ETF has a 52-week low of $62.05 and a 52-week high of $75.84.

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.