Godfrey Financial Associates Inc. Purchases Shares of 7,300 iShares Core Dividend Growth ETF $DGRO

Godfrey Financial Associates Inc. purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,300 shares of the company’s stock, valued at approximately $507,000.

A number of other hedge funds have also recently bought and sold shares of DGRO. Jones Financial Companies Lllp boosted its holdings in iShares Core Dividend Growth ETF by 16.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after purchasing an additional 1,211,980 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares Core Dividend Growth ETF by 15.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares during the period. Wellington Management Group LLP bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at $65,915,000. MML Investors Services LLC boosted its holdings in iShares Core Dividend Growth ETF by 25.9% in the 2nd quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after purchasing an additional 934,207 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in iShares Core Dividend Growth ETF by 15.7% in the 3rd quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock valued at $337,810,000 after purchasing an additional 673,706 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $74.57 on Thursday. The firm has a fifty day moving average price of $72.14 and a two-hundred day moving average price of $71.33. The company has a market cap of $40.13 billion, a PE ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a fifty-two week low of $61.47 and a fifty-two week high of $75.03.

iShares Core Dividend Growth ETF 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.