Fairway Financial LLC Purchases New Shares in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Fairway Financial LLC purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 149,842 shares of the company’s stock, valued at approximately $9,191,000. iShares Core Dividend Growth ETF makes up 8.4% of Fairway Financial LLC’s investment portfolio, making the stock its 3rd largest position.

A number of other large investors have also added to or reduced their stakes in the company. Ulland Investment Advisors LLC bought a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at $27,000. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at $28,000. Y.D. More Investments Ltd bought a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at $33,000. Tompkins Financial Corp bought a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at $41,000. Finally, New Wave Wealth Advisors LLC bought a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at $49,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO opened at $64.26 on Friday. iShares Core Dividend Growth ETF has a 12 month low of $55.08 and a 12 month high of $65.08. The company has a market capitalization of $30.42 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company’s fifty day moving average price is $62.58 and its two-hundred day moving average price is $62.44.

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.