Opulen Financial Group LLC Makes New $1.21 Million Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Opulen Financial Group LLC bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, Holdings Channel reports. The fund bought 19,771 shares of the company’s stock, valued at approximately $1,213,000. iShares Core Dividend Growth ETF comprises about 1.1% of Opulen Financial Group LLC’s holdings, making the stock its 21st largest position.

Other hedge funds have also modified their holdings of the company. Ulland Investment Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at $27,000. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF during the third quarter valued at about $28,000. Y.D. More Investments Ltd acquired a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $33,000. Synergy Investment Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $37,000. Finally, Tompkins Financial Corp acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $41,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $63.04 on Thursday. The stock’s fifty day moving average price is $62.84 and its two-hundred day moving average price is $62.74. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08. The company has a market cap of $30.89 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89.

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.