Objective Capital Management LLC Takes Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Objective Capital Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 31,219 shares of the company’s stock, valued at approximately $1,957,000. iShares Core Dividend Growth ETF makes up about 1.1% of Objective Capital Management LLC’s investment portfolio, making the stock its 27th largest holding.

A number of other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in iShares Core Dividend Growth ETF by 2.5% during the first quarter. Vanguard Group Inc. now owns 31,878 shares of the company’s stock worth $1,851,000 after acquiring an additional 780 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. raised its holdings in iShares Core Dividend Growth ETF by 2.4% in the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 38,604 shares of the company’s stock worth $2,224,000 after buying an additional 889 shares during the last quarter. Cornell Pochily Investment Advisors Inc. raised its holdings in iShares Core Dividend Growth ETF by 7.6% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock worth $4,637,000 after buying an additional 5,254 shares during the last quarter. Premier Path Wealth Partners LLC raised its holdings in iShares Core Dividend Growth ETF by 6.8% in the second quarter. Premier Path Wealth Partners LLC now owns 158,082 shares of the company’s stock worth $9,107,000 after buying an additional 9,996 shares during the last quarter. Finally, Sweeney & Michel LLC purchased a new position in iShares Core Dividend Growth ETF in the first quarter worth about $20,180,000.

iShares Core Dividend Growth ETF Stock Up 0.6 %

iShares Core Dividend Growth ETF stock traded up $0.38 during trading hours on Friday, hitting $64.15. The stock had a trading volume of 1,904,827 shares, compared to its average volume of 1,432,165. The stock’s 50-day moving average price is $62.47 and its 200-day moving average price is $59.82. iShares Core Dividend Growth ETF has a 12-month low of $49.08 and a 12-month high of $64.34. The stock has a market capitalization of $30.37 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.