iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Reaches New 12-Month High – Here’s What Happened

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $63.81 and last traded at $63.70, with a volume of 94426 shares changing hands. The stock had previously closed at $63.78.

iShares Core Dividend Growth ETF Trading Up 0.6 %

The stock has a market cap of $30.21 billion, a P/E ratio of 19.25 and a beta of 0.71. The stock’s 50-day moving average is $61.66 and its 200-day moving average is $59.07.

Institutional Investors Weigh In On iShares Core Dividend Growth ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.5% in the first quarter. Vanguard Group Inc. now owns 31,878 shares of the company’s stock valued at $1,851,000 after buying an additional 780 shares during the period. Mitchell Mcleod Pugh & Williams Inc. raised its position in iShares Core Dividend Growth ETF by 2.4% in the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 38,604 shares of the company’s stock worth $2,224,000 after acquiring an additional 889 shares in the last quarter. Cornell Pochily Investment Advisors Inc. lifted its holdings in iShares Core Dividend Growth ETF by 7.6% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock valued at $4,637,000 after acquiring an additional 5,254 shares during the last quarter. Janiczek Wealth Management LLC lifted its holdings in iShares Core Dividend Growth ETF by 712.3% in the 1st quarter. Janiczek Wealth Management LLC now owns 4,874 shares of the company’s stock valued at $283,000 after acquiring an additional 4,274 shares during the last quarter. Finally, Vicus Capital boosted its position in shares of iShares Core Dividend Growth ETF by 4.8% during the 1st quarter. Vicus Capital now owns 318,603 shares of the company’s stock valued at $18,498,000 after purchasing an additional 14,508 shares in the last quarter.

iShares Core Dividend Growth ETF Company 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.