Financiere des Professionnels Fonds d investissement inc. Purchases 45,000 Shares of iShares Core Dividend Growth ETF $DGRO

Financiere des Professionnels Fonds d investissement inc. raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 289,800 shares of the company’s stock after buying an additional 45,000 shares during the quarter. iShares Core Dividend Growth ETF makes up about 1.1% of Financiere des Professionnels Fonds d investissement inc.’s investment portfolio, making the stock its 19th biggest holding. Financiere des Professionnels Fonds d investissement inc.’s holdings in iShares Core Dividend Growth ETF were worth $20,118,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Capital Analysts LLC boosted its position in iShares Core Dividend Growth ETF by 2.8% in the 4th quarter. Capital Analysts LLC now owns 414,179 shares of the company’s stock valued at $28,752,000 after buying an additional 11,463 shares during the last quarter. Motley Fool Wealth Management LLC boosted its position in iShares Core Dividend Growth ETF by 107.6% in the 4th quarter. Motley Fool Wealth Management LLC now owns 17,054 shares of the company’s stock valued at $1,184,000 after buying an additional 8,838 shares during the last quarter. Alteri Wealth LLC boosted its position in iShares Core Dividend Growth ETF by 9.0% in the 4th quarter. Alteri Wealth LLC now owns 18,020 shares of the company’s stock valued at $1,251,000 after buying an additional 1,482 shares during the last quarter. Focus Partners Advisor Solutions LLC boosted its position in iShares Core Dividend Growth ETF by 331.7% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 53,109 shares of the company’s stock valued at $3,687,000 after buying an additional 40,806 shares during the last quarter. Finally, Montis Financial LLC boosted its position in iShares Core Dividend Growth ETF by 1.5% in the 4th quarter. Montis Financial LLC now owns 11,649 shares of the company’s stock valued at $809,000 after buying an additional 177 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $74.74 on Thursday. The firm has a market capitalization of $40.22 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. The business’s fifty day moving average price is $73.24 and its two-hundred day moving average price is $71.82. iShares Core Dividend Growth ETF has a 52 week low of $62.05 and a 52 week high of $75.84.

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.