iShares Core Dividend Growth ETF Target of Unusually High Options Trading (NYSEARCA:DGRO)

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) was the recipient of unusually large options trading activity on Monday. Stock traders bought 15,844 call options on the company. This is an increase of approximately 2,079% compared to the typical volume of 727 call options.

Hedge Funds Weigh In On iShares Core Dividend Growth ETF

Institutional investors have recently modified their holdings of the stock. Greenline Wealth Management LLC bought a new position in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $25,000. Tortoise Investment Management LLC increased its stake in iShares Core Dividend Growth ETF by 89.5% in the third quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after purchasing an additional 179 shares in the last quarter. Ankerstar Wealth LLC bought a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $26,000. Group One Trading LLC acquired a new stake in iShares Core Dividend Growth ETF in the third quarter worth $28,000. Finally, Costello Asset Management INC raised its holdings in iShares Core Dividend Growth ETF by 79.5% in the third quarter. Costello Asset Management INC now owns 420 shares of the company’s stock worth $29,000 after purchasing an additional 186 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.1%

DGRO stock opened at $68.98 on Tuesday. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve month high of $74.28. The company has a market cap of $36.01 billion, a P/E ratio of 19.66 and a beta of 0.84. The business’s fifty day moving average is $71.97 and its 200-day moving average is $69.98.

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.