First National Trust Co Invests $394,000 in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

First National Trust Co bought a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,315 shares of the company’s stock, valued at approximately $394,000.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its position in shares of iShares Core Dividend Growth ETF by 1.8% in the third quarter. Bank of New York Mellon Corp now owns 983,493 shares of the company’s stock worth $48,712,000 after acquiring an additional 17,524 shares during the period. JB Capital LLC boosted its position in iShares Core Dividend Growth ETF by 11.4% during the third quarter. JB Capital LLC now owns 27,270 shares of the company’s stock worth $1,351,000 after purchasing an additional 2,789 shares in the last quarter. Verdence Capital Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF in the third quarter valued at approximately $1,720,000. BluePath Capital Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at approximately $44,000. Finally, Stephens Consulting LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $104,000.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock traded up $0.46 during midday trading on Friday, reaching $56.49. The company had a trading volume of 1,396,329 shares, compared to its average volume of 1,597,369. iShares Core Dividend Growth ETF has a 12-month low of $47.19 and a 12-month high of $58.19. The company has a market capitalization of $26.75 billion, a P/E ratio of 19.25 and a beta of 0.71. The firm’s fifty day simple moving average is $56.68 and its 200-day simple moving average is $54.02.

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.