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

Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,049 shares of the company’s stock, valued at approximately $1,168,000.

Other institutional investors have also recently bought and sold shares of the company. Counterweight Ventures LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 1.3% in the 4th quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock valued at $1,658,000 after buying an additional 349 shares during the period. HF Advisory Group LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 1.7% in the 3rd quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock valued at $6,179,000 after buying an additional 1,627 shares during the period. Cornell Pochily Investment Advisors Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 7.6% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock valued at $4,637,000 after buying an additional 5,254 shares during the period. World Investment Advisors LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 45.8% in the 3rd quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after buying an additional 11,634 shares during the period. Finally, Fisher Asset Management LLC bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at $208,000.

iShares Core Dividend Growth ETF Trading Up 0.4 %

DGRO opened at $63.55 on Tuesday. The stock has a market capitalization of $30.09 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12 month low of $54.31 and a 12 month high of $65.08. The firm’s fifty 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.