RFG Advisory LLC Purchases 1,409 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

RFG Advisory LLC grew its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 46,849 shares of the company’s stock after buying an additional 1,409 shares during the period. RFG Advisory LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ulland Investment Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth $27,000. Truvestments Capital LLC acquired a new stake in iShares Core Dividend Growth ETF in the 3rd quarter worth $28,000. Tompkins Financial Corp acquired a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth $41,000. SWAN Capital LLC acquired a new stake in iShares Core Dividend Growth ETF in the 3rd quarter worth $50,000. Finally, Bfsg LLC acquired a new stake in iShares Core Dividend Growth ETF in the 3rd quarter worth $61,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO opened at $63.33 on Friday. The firm has a market capitalization of $29.98 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company’s fifty day moving average is $62.71 and its two-hundred day moving average is $61.88. iShares Core Dividend Growth ETF has a 52-week low of $54.31 and a 52-week high of $65.08.

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.