Financiere des Professionnels Fonds d investissement inc. Increases Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Financiere des Professionnels Fonds d investissement inc. increased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 268,800 shares of the company’s stock after buying an additional 12,000 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 1.2% of Financiere des Professionnels Fonds d investissement inc.’s investment portfolio, making the stock its 19th biggest holding. Financiere des Professionnels Fonds d investissement inc.’s holdings in iShares Core Dividend Growth ETF were worth $16,488,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter valued at $28,000. Ulland Investment Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $27,000. Y.D. More Investments Ltd acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $33,000. Tompkins Financial Corp acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $41,000. Finally, SWAN Capital LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter valued at $50,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO opened at $63.81 on Monday. The company has a market capitalization of $30.21 billion, a PE ratio of 19.25 and a beta of 0.71. The company has a fifty day moving average of $62.53 and a 200 day moving average of $62.35. 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 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.