iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Sees Unusually-High Trading Volume – Here’s What Happened

by · The Cerbat Gem

iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Get Free Report) saw an uptick in trading volume on Wednesday . 3,598,845 shares traded hands during mid-day trading, an increase of 152% from the previous session’s volume of 1,426,919 shares.The stock last traded at $62.54 and had previously closed at $62.53.

iShares Core Dividend Growth ETF Stock Performance

The stock has a market capitalization of $29.57 billion, a PE ratio of 19.25 and a beta of 0.71. The firm’s 50 day moving average is $62.26 and its two-hundred day moving average is $59.47.

Institutional Investors Weigh In On iShares Core Dividend Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Global Wealth Management Investment Advisory Inc. increased its stake in iShares Core Dividend Growth ETF by 4.5% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 19,954 shares of the company’s stock valued at $1,251,000 after purchasing an additional 857 shares during the period. Geneva Partners LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth approximately $213,000. United Advisor Group LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $335,000. Moloney Securities Asset Management LLC increased its stake in iShares Core Dividend Growth ETF by 15.2% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 11,712 shares of the company’s stock valued at $734,000 after buying an additional 1,541 shares during the period. Finally, Roman Butler Fullerton & Co. raised its position in iShares Core Dividend Growth ETF by 1.3% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 22,807 shares of the company’s stock worth $1,446,000 after buying an additional 297 shares during the last quarter.

iShares Core Dividend Growth ETF Company Profile

(Get Free Report)

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.

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