Guidance Capital Inc. Raises Stake in iShares Core Dividend Growth ETF $DGRO

Guidance Capital Inc. grew its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 15.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,113 shares of the company’s stock after purchasing an additional 7,728 shares during the quarter. iShares Core Dividend Growth ETF makes up about 1.1% of Guidance Capital Inc.’s investment portfolio, making the stock its 19th largest holding. Guidance Capital Inc.’s holdings in iShares Core Dividend Growth ETF were worth $4,062,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Costello Asset Management INC lifted its stake in shares of iShares Core Dividend Growth ETF by 79.5% during the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock valued at $29,000 after buying an additional 186 shares in the last quarter. Strategic Wealth Investment Group LLC bought a new stake in iShares Core Dividend Growth ETF during the second quarter valued at about $29,000. Advantage Trust Co bought a new stake in iShares Core Dividend Growth ETF during the second quarter valued at about $32,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the third quarter valued at about $33,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF in the second quarter worth about $43,000.

iShares Core Dividend Growth ETF Trading Up 0.5%

NYSEARCA:DGRO opened at $73.62 on Tuesday. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $74.28. The stock has a 50-day moving average price of $71.11 and a 200 day moving average price of $68.84. The stock has a market capitalization of $38.44 billion, a P/E ratio of 19.66 and a beta of 0.84.

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.