Bryn Mawr Capital Management LLC Increases Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Bryn Mawr Capital Management LLC raised its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,169 shares of the company’s stock after buying an additional 3,150 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,035,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter valued at $28,000. Ulland Investment Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $27,000. Y.D. More Investments Ltd purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $33,000. Tompkins Financial Corp purchased a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth $41,000. Finally, SWAN Capital LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth $50,000.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $63.60 on Thursday. iShares Core Dividend Growth ETF has a 1-year low of $55.08 and a 1-year high of $65.08. The business has a fifty day moving average price of $62.68 and a 200-day moving average price of $62.62. The stock has a market capitalization of $30.11 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.