Delta Investment Management LLC Acquires Shares of 5,546 iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Delta Investment Management LLC bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,546 shares of the company’s stock, valued at approximately $299,000.

Several other hedge funds have also made changes to their positions in the business. Raleigh Capital Management Inc. purchased a new position in iShares Core Dividend Growth ETF during the third quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at about $27,000. Phillips Financial Management LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at about $37,000. BluePath Capital Management LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at about $44,000. Finally, Parkside Financial Bank & Trust purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at about $45,000.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock traded down $0.08 during mid-day trading on Friday, reaching $56.34. The company had a trading volume of 1,020,871 shares, compared to its average volume of 1,582,757. The stock’s 50-day simple moving average is $56.62 and its 200-day simple moving average is $53.72. The company has a market capitalization of $26.53 billion, a P/E ratio of 18.84 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $58.19.

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.