Ferguson Wellman Capital Management Inc. Makes New $1.17 Million Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Ferguson Wellman Capital Management Inc. purchased a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 19,049 shares of the company’s stock, valued at approximately $1,168,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DGRO. Truvestments Capital LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at about $28,000. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $27,000. Y.D. More Investments Ltd acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at about $33,000. Tompkins Financial Corp acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at about $41,000. Finally, SWAN Capital LLC acquired a new position in iShares Core Dividend Growth ETF in the 3rd quarter valued at about $50,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $63.55 on Tuesday. iShares Core Dividend Growth ETF has a 52 week low of $54.31 and a 52 week high of $65.08. The firm has a market cap of $30.09 billion, a P/E ratio of 19.25 and a beta of 0.71. The firm’s 50-day simple moving average is $62.56 and its 200 day simple moving average is $62.24.

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.