Prism Advisors Inc. Purchases 6,742 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Prism Advisors Inc. raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 409,974 shares of the company’s stock after buying an additional 6,742 shares during the quarter. iShares Core Dividend Growth ETF accounts for 7.1% of Prism Advisors Inc.’s holdings, making the stock its 2nd biggest holding. Prism Advisors Inc. owned 0.09% of iShares Core Dividend Growth ETF worth $22,065,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DGRO. Raleigh Capital Management Inc. bought a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $26,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $27,000. Benjamin Edwards Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 151.3% during the 2nd quarter. Benjamin Edwards Inc. now owns 573 shares of the company’s stock valued at $30,000 after acquiring an additional 345 shares during the period. Tower Research Capital LLC TRC bought a new stake in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $33,000. Finally, Phillips Financial Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $37,000.

iShares Core Dividend Growth ETF Stock Up 0.7 %

Shares of NYSEARCA:DGRO traded up $0.41 during trading on Friday, reaching $55.71. 1,463,848 shares of the company traded hands, compared to its average volume of 1,608,759. The company’s 50 day moving average is $56.52 and its two-hundred day moving average is $53.57. The firm has a market capitalization of $26.23 billion, a PE ratio of 18.84 and a beta of 0.89. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $58.19.

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.