Optimum Investment Advisors Acquires 4,400 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Optimum Investment Advisors boosted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 24.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,400 shares of the company’s stock after acquiring an additional 4,400 shares during the quarter. Optimum Investment Advisors’ holdings in iShares Core Dividend Growth ETF were worth $1,374,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Guardian Partners Inc. purchased a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at about $245,000. Intellus Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $3,119,000. TD Private Client Wealth LLC grew its stake in iShares Core Dividend Growth ETF by 19.6% in the fourth quarter. TD Private Client Wealth LLC now owns 975,785 shares of the company’s stock worth $59,855,000 after purchasing an additional 160,162 shares in the last quarter. Lee Danner & Bass Inc. purchased a new position in iShares Core Dividend Growth ETF during the 4th quarter worth $113,000. Finally, HUB Investment Partners LLC raised its position in iShares Core Dividend Growth ETF by 21.2% during the 4th quarter. HUB Investment Partners LLC now owns 10,009 shares of the company’s stock valued at $614,000 after purchasing an additional 1,749 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.3 %

DGRO opened at $61.52 on Friday. The company has a market capitalization of $30.15 billion, a price-to-earnings ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08. The business’s fifty day simple moving average is $62.97 and its 200-day simple moving average is $62.78.

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.