Zhang Financial LLC Invests $267,000 in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Zhang Financial LLC bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 4,957 shares of the company’s stock, valued at approximately $267,000.

A number of other large investors also recently made changes to their positions in DGRO. HBK Sorce Advisory LLC raised its holdings in iShares Core Dividend Growth ETF by 3.7% in the 4th quarter. HBK Sorce Advisory LLC now owns 5,166 shares of the company’s stock valued at $278,000 after acquiring an additional 184 shares in the last quarter. Warner Financial Inc. grew its position in shares of iShares Core Dividend Growth ETF by 1.5% in the 4th quarter. Warner Financial Inc. now owns 13,216 shares of the company’s stock valued at $711,000 after buying an additional 194 shares during the last quarter. Ayrshire Capital Management LLC grew its position in shares of iShares Core Dividend Growth ETF by 2.1% in the 4th quarter. Ayrshire Capital Management LLC now owns 9,837 shares of the company’s stock valued at $529,000 after buying an additional 199 shares during the last quarter. Centurion Wealth Management LLC grew its position in shares of iShares Core Dividend Growth ETF by 0.6% in the 3rd quarter. Centurion Wealth Management LLC now owns 34,693 shares of the company’s stock valued at $1,718,000 after buying an additional 209 shares during the last quarter. Finally, Patriot Investment Management Group Inc. grew its position in shares of iShares Core Dividend Growth ETF by 0.9% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 24,131 shares of the company’s stock valued at $1,195,000 after buying an additional 216 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $55.71 on Friday. iShares Core Dividend Growth ETF has a one year low of $47.19 and a one year high of $58.19. The stock’s 50-day moving average is $56.52 and its 200 day moving average is $53.54. The firm has a market cap of $26.23 billion, a price-to-earnings ratio of 18.84 and a beta of 0.89.

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.