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

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) saw some unusual options trading activity on Wednesday. Investors bought 29,945 call options on the company. This is an increase of 6,382% compared to the average volume of 462 call options.

iShares Core Dividend Growth ETF Trading Down 0.5%

Shares of DGRO stock opened at $72.66 on Friday. The firm has a fifty day moving average price of $70.53 and a 200 day moving average price of $68.38. The company has a market cap of $37.94 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $73.25.

Institutional Investors Weigh In On iShares Core Dividend Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in DGRO. Post Resch Tallon Group Inc. grew its position 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 valued at $2,073,000 after buying an additional 150 shares during the last quarter. Cvfg LLC boosted its stake in iShares Core Dividend Growth ETF by 2.3% in the third quarter. Cvfg LLC now owns 6,595 shares of the company’s stock valued at $449,000 after acquiring an additional 150 shares in the last quarter. Dakota Wealth Management grew its holdings in shares of iShares Core Dividend Growth ETF by 3.3% during the fourth quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock worth $330,000 after purchasing an additional 150 shares during the last quarter. Huntleigh Advisors Inc. grew its holdings in shares of 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. Finally, Centerpoint Advisory Group increased its position in shares of iShares Core Dividend Growth ETF by 0.4% during the fourth quarter. Centerpoint Advisory Group now owns 35,329 shares of the company’s stock worth $2,453,000 after purchasing an additional 153 shares in the last quarter.

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.