Optimum Investment Advisors Buys 4,400 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Optimum Investment Advisors raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 24.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,400 shares of the company’s stock after purchasing an additional 4,400 shares during the period. Optimum Investment Advisors’ holdings in iShares Core Dividend Growth ETF were worth $1,374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Guardian Partners Inc. bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $245,000. Intellus Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $3,119,000. TD Private Client Wealth LLC boosted its stake in iShares Core Dividend Growth ETF by 19.6% in the fourth quarter. TD Private Client Wealth LLC now owns 975,785 shares of the company’s stock valued at $59,855,000 after acquiring an additional 160,162 shares in the last quarter. Lee Danner & Bass Inc. acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $113,000. Finally, HUB Investment Partners LLC increased its position in shares of iShares Core Dividend Growth ETF by 21.2% during the fourth quarter. HUB Investment Partners LLC now owns 10,009 shares of the company’s stock worth $614,000 after purchasing an additional 1,749 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $61.52 on Friday. The business’s 50-day moving average is $62.97 and its 200 day moving average is $62.78. The firm has a market capitalization of $30.15 billion, a P/E ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1 year low of $55.08 and a 1 year high of $65.08.

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.