Princeton Global Asset Management LLC Grows Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Princeton Global Asset Management LLC increased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 11.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 202,273 shares of the company’s stock after acquiring an additional 20,092 shares during the quarter. iShares Core Dividend Growth ETF comprises about 2.3% of Princeton Global Asset Management LLC’s investment portfolio, making the stock its 7th biggest position. Princeton Global Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $12,407,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Lincoln Capital LLC boosted its position in shares of iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock valued at $615,000 after acquiring an additional 168 shares in the last quarter. Adell Harriman & Carpenter Inc. boosted its position in shares of iShares Core Dividend Growth ETF by 1.6% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after acquiring an additional 170 shares in the last quarter. Empire Financial Management Company LLC boosted its position in shares of iShares Core Dividend Growth ETF by 2.7% during the 3rd quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock valued at $405,000 after acquiring an additional 171 shares in the last quarter. Bluesphere Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF by 2.8% during the 4th quarter. Bluesphere Advisors LLC now owns 6,499 shares of the company’s stock valued at $399,000 after acquiring an additional 177 shares in the last quarter. Finally, GSG Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF by 0.5% during the 3rd quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock valued at $2,238,000 after acquiring an additional 186 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock opened at $63.47 on Monday. The firm’s 50-day simple moving average is $62.71 and its 200-day simple moving average is $62.07. iShares Core Dividend Growth ETF has a twelve month low of $54.31 and a twelve month high of $65.08. The firm has a market cap of $30.05 billion, a P/E ratio of 19.25 and a beta of 0.71.

iShares Core Dividend Growth ETF 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.