Bay Capital Advisors LLC Acquires Shares of 8,388 iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Bay Capital Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,388 shares of the company’s stock, valued at approximately $515,000.

A number of other institutional investors also recently modified their holdings of DGRO. Truvestments Capital LLC purchased a new stake in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $28,000. Ulland Investment Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth $27,000. Rialto Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at $33,000. Y.D. More Investments Ltd purchased a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at $33,000. Finally, Synergy Investment Management LLC bought a new position in iShares Core Dividend Growth ETF in the 4th quarter worth $37,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $62.16 on Tuesday. The company’s 50-day moving average is $62.99 and its 200 day moving average is $62.80. The stock has a market capitalization of $30.46 billion, a P/E ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1 year low of $55.08 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.