Capital Advantage Inc. Makes New $435,000 Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Capital Advantage Inc. bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,098 shares of the company’s stock, valued at approximately $435,000.

Other hedge funds have also modified their holdings of the company. Virtu Financial LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at about $251,000. Wilmington Savings Fund Society FSB acquired a new position in iShares Core Dividend Growth ETF in the third quarter valued at approximately $375,000. JPMorgan Chase & Co. boosted its stake in iShares Core Dividend Growth ETF by 4.1% in the third quarter. JPMorgan Chase & Co. now owns 3,304,969 shares of the company’s stock valued at $207,189,000 after acquiring an additional 130,763 shares during the last quarter. Moller Wealth Partners bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at $273,000. Finally, FC Advisory LLC raised its position in shares of iShares Core Dividend Growth ETF by 1.5% during the 4th quarter. FC Advisory LLC now owns 181,453 shares of the company’s stock valued at $11,130,000 after acquiring an additional 2,600 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.4 %

NYSEARCA:DGRO opened at $60.54 on Tuesday. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $65.08. The stock’s fifty day simple moving average is $60.32 and its 200-day simple moving average is $62.08. The firm has a market capitalization of $29.98 billion, a P/E ratio of 19.90 and a beta of 0.86.

iShares Core Dividend Growth ETF Company Profile

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.