Traynor Capital Management Inc. Makes New $241,000 Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Traynor Capital Management Inc. acquired a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,930 shares of the company’s stock, valued at approximately $241,000.

Several other hedge funds have also recently made changes to their positions in DGRO. HF Advisory Group LLC increased its stake in shares of iShares Core Dividend Growth ETF by 1.7% in the third quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock worth $6,179,000 after acquiring an additional 1,627 shares during the period. Cornell Pochily Investment Advisors Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 7.6% during 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 last quarter. World Investment Advisors LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 45.8% in the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock worth $2,323,000 after buying an additional 11,634 shares during the last quarter. Fisher Asset Management LLC acquired a new position in iShares Core Dividend Growth ETF in the third quarter valued at approximately $208,000. Finally, Newbridge Financial Services Group Inc. boosted its holdings in iShares Core Dividend Growth ETF by 2.0% during the second quarter. Newbridge Financial Services Group Inc. now owns 18,129 shares of the company’s stock worth $1,044,000 after buying an additional 362 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $63.35 on Friday. The stock has a 50 day simple moving average of $62.71 and a 200-day simple moving average of $61.84. The company has a market cap of $29.99 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1-year low of $54.17 and a 1-year high of $65.08.

iShares Core Dividend Growth ETF Company 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.