ZWJ Investment Counsel Inc. Invests $489,000 in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

ZWJ Investment Counsel Inc. bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,974 shares of the company’s stock, valued at approximately $489,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Truvestments Capital LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the third quarter valued at approximately $28,000. Ulland Investment Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at $27,000. Tompkins Financial Corp bought a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at $41,000. SWAN Capital LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter worth $50,000. Finally, Bfsg LLC bought a new position in shares of iShares Core Dividend Growth ETF in the third quarter valued at $61,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $62.59 on Tuesday. iShares Core Dividend Growth ETF has a 1 year low of $53.18 and a 1 year high of $65.08. The stock has a market capitalization of $29.63 billion, a P/E ratio of 19.25 and a beta of 0.71. The company has a 50-day moving average price of $62.74 and a 200-day moving average price of $61.78.

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.