Financiere des Professionnels Fonds d investissement inc. Has $20.12 Million Holdings in iShares Core Dividend Growth ETF $DGRO

Financiere des Professionnels Fonds d investissement inc. lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 289,800 shares of the company’s stock after buying an additional 45,000 shares during the period. iShares Core Dividend Growth ETF comprises approximately 1.1% of Financiere des Professionnels Fonds d investissement inc.’s holdings, making the stock its 19th largest holding. Financiere des Professionnels Fonds d investissement inc. owned approximately 0.06% of iShares Core Dividend Growth ETF worth $20,118,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Tortoise Investment Management LLC increased its holdings in iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after purchasing an additional 179 shares in the last quarter. Group One Trading LLC acquired a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at $28,000. Strategic Wealth Investment Group LLC acquired a new stake in iShares Core Dividend Growth ETF during the 2nd quarter valued at $29,000. Independence Bank of Kentucky increased its holdings in iShares Core Dividend Growth ETF by 80.7% during the 4th quarter. Independence Bank of Kentucky now owns 506 shares of the company’s stock valued at $35,000 after purchasing an additional 226 shares in the last quarter. Finally, Kingdom Financial Group LLC. acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at $37,000.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $74.74 on Thursday. The business has a fifty day moving average price of $73.24 and a 200 day moving average price of $71.82. iShares Core Dividend Growth ETF has a fifty-two week low of $62.05 and a fifty-two week high of $75.84. The stock has a market capitalization of $40.22 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

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.