Root Financial Partners LLC Takes $341,000 Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Root Financial Partners LLC purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,554 shares of the company’s stock, valued at approximately $341,000.

Other hedge funds have also recently bought and sold shares of the company. Ulland Investment Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth approximately $27,000. Truvestments Capital LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter worth approximately $28,000. Y.D. More Investments Ltd purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter worth approximately $33,000. Tompkins Financial Corp purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter worth approximately $41,000. Finally, New Wave Wealth Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter worth approximately $49,000.

iShares Core Dividend Growth ETF Stock Down 0.4 %

NYSEARCA:DGRO opened at $63.81 on Friday. The company has a market cap of $30.21 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a fifty-two week low of $55.08 and a fifty-two week high of $65.08. The firm’s 50 day moving average is $62.53 and its two-hundred day moving average is $62.32.

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.