iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Bought by Maiden Cove Capital LLC

Maiden Cove Capital LLC grew its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 40,920 shares of the company’s stock after acquiring an additional 1,731 shares during the period. iShares Core Dividend Growth ETF makes up 4.5% of Maiden Cove Capital LLC’s investment portfolio, making the stock its 5th largest position. Maiden Cove Capital LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,510,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Sanctuary Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth $45,148,000. MML Investors Services LLC raised its position in shares of iShares Core Dividend Growth ETF by 20.4% during the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after purchasing an additional 644,193 shares during the period. Smith Anglin Financial LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 78.4% during the 3rd quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock valued at $84,424,000 after purchasing an additional 591,701 shares in the last quarter. LPL Financial LLC increased its stake in iShares Core Dividend Growth ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after purchasing an additional 413,083 shares in the last quarter. Finally, Summit Investment Advisory Services LLC acquired a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $23,432,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $62.59 on Friday. The firm has a market cap of $29.63 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a twelve month low of $53.18 and a twelve month high of $65.08. The firm’s 50 day moving average price is $62.77 and its two-hundred day moving average price is $61.72.

About iShares Core Dividend Growth ETF

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.