Ledyard National Bank Grows Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Ledyard National Bank raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.7% in the 4th quarter, Holdings Channel reports. The firm owned 1,403,210 shares of the company’s stock after buying an additional 50,671 shares during the period. iShares Core Dividend Growth ETF accounts for approximately 8.1% of Ledyard National Bank’s investment portfolio, making the stock its biggest holding. Ledyard National Bank’s holdings in iShares Core Dividend Growth ETF were worth $86,073,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF in the third quarter valued at approximately $28,000. Ulland Investment Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $27,000. Y.D. More Investments Ltd bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at $33,000. Tompkins Financial Corp acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter worth $41,000. Finally, SWAN Capital LLC bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth about $50,000.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $63.69 on Friday. The firm has a market cap of $30.15 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The stock’s 50-day moving average is $62.61 and its 200-day moving average is $62.14. iShares Core Dividend Growth ETF has a one year low of $54.31 and a one year high of $65.08.

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.