iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Stock Position Boosted by Houlihan Financial Resource Group Ltd.

Houlihan Financial Resource Group Ltd. increased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 112,490 shares of the company’s stock after purchasing an additional 1,791 shares during the quarter. iShares Core Dividend Growth ETF makes up approximately 2.9% of Houlihan Financial Resource Group Ltd.’s investment portfolio, making the stock its 9th largest position. Houlihan Financial Resource Group Ltd.’s holdings in iShares Core Dividend Growth ETF were worth $6,531,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DGRO. Vima LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at about $25,000. Raleigh Capital Management Inc. acquired a new position in iShares Core Dividend Growth ETF during the third quarter worth about $26,000. LifeSteps Financial Inc. purchased a new stake in iShares Core Dividend Growth ETF during the 1st quarter valued at about $27,000. Voisard Asset Management Group Inc. acquired a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at about $27,000. Finally, Horrell Capital Management Inc. purchased a new position in iShares Core Dividend Growth ETF in the 1st quarter worth approximately $29,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock traded up $0.40 during trading hours on Friday, reaching $59.06. The company had a trading volume of 945,664 shares, compared to its average volume of 1,455,843. iShares Core Dividend Growth ETF has a 12-month low of $47.19 and a 12-month high of $59.37. The company has a market capitalization of $27.96 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The stock has a fifty day moving average of $57.69 and a 200-day moving average of $56.37.

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.