iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Sees Significant Growth in Short Interest

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 775,712 shares, a growth of 39.9% from the March 15th total of 554,449 shares. Based on an average trading volume of 3,363,067 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of iShares Core Dividend Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Opulen Financial Group LLC increased its holdings in iShares Core Dividend Growth ETF by 0.7% in the fourth quarter. Opulen Financial Group LLC now owns 19,879 shares of the company’s stock valued at $1,380,000 after buying an additional 136 shares in the last quarter. Post Resch Tallon Group Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 0.5% in the 3rd quarter. Post Resch Tallon Group Inc. now owns 30,447 shares of the company’s stock worth $2,073,000 after acquiring an additional 150 shares during the period. Cvfg LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 2.3% in the 3rd quarter. Cvfg LLC now owns 6,595 shares of the company’s stock worth $449,000 after acquiring an additional 150 shares during the period. Dakota Wealth Management increased its stake in iShares Core Dividend Growth ETF by 3.3% in the 4th quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock valued at $330,000 after purchasing an additional 150 shares in the last quarter. Finally, Huntleigh Advisors Inc. raised its holdings in iShares Core Dividend Growth ETF by 4.3% during the fourth quarter. Huntleigh Advisors Inc. now owns 3,610 shares of the company’s stock worth $251,000 after purchasing an additional 150 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $72.36 on Wednesday. The company has a market cap of $38.88 billion, a P/E ratio of 19.66 and a beta of 0.80. iShares Core Dividend Growth ETF has a one year low of $56.60 and a one year high of $74.28. The business has a fifty day moving average of $71.88 and a two-hundred day moving average of $70.26.

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.