iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Short Interest Down 13.8% in February

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 530,200 shares, a drop of 13.8% from the February 12th total of 614,968 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,642,617 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 1,642,617 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in DGRO. Greenline Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at about $25,000. Tortoise Investment Management LLC grew 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 during the last quarter. Ankerstar Wealth LLC bought a new position in iShares Core Dividend Growth ETF in the fourth quarter worth about $26,000. Group One Trading LLC bought a new position in iShares Core Dividend Growth ETF in the third quarter worth about $28,000. Finally, Costello Asset Management INC lifted its position in shares of iShares Core Dividend Growth ETF by 79.5% during the third quarter. Costello Asset Management INC now owns 420 shares of the company’s stock valued at $29,000 after buying an additional 186 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Down 1.5%

iShares Core Dividend Growth ETF stock opened at $69.66 on Thursday. The business has a fifty day moving average of $72.25 and a two-hundred day moving average of $69.82. The firm has a market cap of $36.37 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve month high of $74.28.

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.