OLD Point Trust & Financial Services N A Makes New $46,000 Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

OLD Point Trust & Financial Services N A bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 750 shares of the company’s stock, valued at approximately $46,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Commerce Bank raised its position in shares of iShares Core Dividend Growth ETF by 4.2% during the 3rd quarter. Commerce Bank now owns 7,539 shares of the company’s stock valued at $473,000 after acquiring an additional 301 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $105,000. Citizens Financial Group Inc. RI bought a new stake in iShares Core Dividend Growth ETF in the third quarter valued at about $589,000. LPL Financial LLC lifted its stake in iShares Core Dividend Growth ETF by 3.2% in the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after buying an additional 413,083 shares during the period. Finally, Smithfield Trust Co boosted its holdings in iShares Core Dividend Growth ETF by 30.9% during the third quarter. Smithfield Trust Co now owns 16,887 shares of the company’s stock worth $1,058,000 after buying an additional 3,991 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $61.72 on Friday. The stock has a market cap of $30.25 billion, a PE ratio of 21.26 and a beta of 0.89. The stock has a 50-day moving average of $62.95 and a 200-day moving average of $62.78. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one 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.