ZWJ Investment Counsel Inc. Takes $489,000 Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

ZWJ Investment Counsel Inc. purchased a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 7,974 shares of the company’s stock, valued at approximately $489,000.

A number of other institutional investors have also added to or reduced their stakes in DGRO. Truvestments Capital LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $28,000. Ulland Investment Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $27,000. Tompkins Financial Corp bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth $41,000. SWAN Capital LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter worth $50,000. Finally, Bfsg LLC bought a new position in iShares Core Dividend Growth ETF in the 3rd quarter valued at $61,000.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $62.59 on Tuesday. The stock has a fifty day moving average price of $62.74 and a 200-day moving average price of $61.78. The firm has a market cap of $29.63 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1 year low of $53.18 and a 1 year high of $65.08.

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.