iShares Core Dividend Growth ETF Target of Unusually High Options Trading (NYSEARCA:DGRO)

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) saw unusually large options trading on Monday. Investors purchased 31,404 call options on the stock. This represents an increase of 3,277% compared to the average daily volume of 930 call options.

Institutional Investors Weigh In On iShares Core Dividend Growth ETF

Several large investors have recently made changes to their positions in DGRO. Greenline Wealth Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $25,000. Tortoise Investment Management LLC boosted its position in shares of iShares Core Dividend Growth ETF by 89.5% during the third quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after buying an additional 179 shares during the period. Ankerstar Wealth LLC bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth about $26,000. Group One Trading LLC bought a new position in shares of iShares Core Dividend Growth ETF during the third quarter worth about $28,000. Finally, Costello Asset Management INC raised its position in iShares Core Dividend Growth ETF by 79.5% in the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock valued at $29,000 after buying an additional 186 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.1%

Shares of NYSEARCA DGRO traded down $0.04 during mid-day trading on Monday, reaching $73.15. 1,149,424 shares of the company’s stock were exchanged, compared to its average volume of 2,536,990. The business has a fifty day simple moving average of $71.85 and a 200 day simple moving average of $70.36. iShares Core Dividend Growth ETF has a twelve month low of $56.60 and a twelve month high of $74.28. The firm has a market capitalization of $39.39 billion, a price-to-earnings ratio of 19.66 and a beta of 0.80.

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.