American Trust Boosts Stock Holdings in iShares Core Dividend Growth ETF $DGRO

American Trust increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 16.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 960,971 shares of the company’s stock after acquiring an additional 133,917 shares during the period. iShares Core Dividend Growth ETF makes up 5.6% of American Trust’s investment portfolio, making the stock its 3rd largest holding. American Trust owned about 0.18% of iShares Core Dividend Growth ETF worth $66,711,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Greenline Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth about $25,000. Tortoise Investment Management LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 89.5% in 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 in the last quarter. Ankerstar Wealth LLC bought a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth approximately $26,000. Group One Trading LLC bought a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth approximately $28,000. Finally, IFC & Insurance Marketing Inc. bought a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth approximately $31,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $74.99 on Thursday. The firm’s 50 day moving average price is $73.77 and its 200-day moving average price is $72.06. The company has a market cap of $40.36 billion, a PE ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 52-week low of $62.05 and a 52-week high of $76.07.

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.