iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Hits New 12-Month High at $60.66

iShares Core Dividend Growth ETF (NYSEARCA:DGRO)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $60.66 and last traded at $60.59, with a volume of 690493 shares. The stock had previously closed at $60.05.

iShares Core Dividend Growth ETF Stock Performance

The firm has a market capitalization of $28.53 billion, a P/E ratio of 19.25 and a beta of 0.71. The firm has a 50-day moving average of $58.12 and a 200-day moving average of $56.90.

Hedge Funds Weigh In On iShares Core Dividend Growth ETF

A number of institutional investors have recently bought and sold shares of the stock. Vima LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $25,000. LifeSteps Financial Inc. bought a new position in shares of iShares Core Dividend Growth ETF during the 1st quarter worth approximately $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $27,000. Horrell Capital Management Inc. purchased a new position in iShares Core Dividend Growth ETF in the first quarter worth $29,000. Finally, Tsfg LLC increased its position in shares of iShares Core Dividend Growth ETF by 104.1% during the second quarter. Tsfg LLC now owns 496 shares of the company’s stock worth $29,000 after purchasing an additional 253 shares in the last quarter.

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.