Traders Buy Large Volume of iShares Core Dividend Growth ETF Call Options (NYSEARCA:DGRO)

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) was the recipient of unusually large options trading on Wednesday. Investors bought 16,189 call options on the stock. This is an increase of 1,901% compared to the typical daily volume of 809 call options.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO traded up $0.26 during trading hours on Wednesday, hitting $75.38. The stock had a trading volume of 711,480 shares, compared to its average volume of 2,151,068. iShares Core Dividend Growth ETF has a 1-year low of $62.88 and a 1-year high of $76.07. The firm has a market capitalization of $40.57 billion, a P/E ratio of 19.66 and a beta of 0.77. The firm has a 50 day simple moving average of $74.03 and a 200-day simple moving average of $72.21.

Hedge Funds Weigh In On iShares Core Dividend Growth ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC increased its holdings in iShares Core Dividend Growth ETF by 52.5% in the 4th quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock worth $411,000 after acquiring an additional 2,304 shares during the last quarter. AQR Capital Management LLC boosted its position in iShares Core Dividend Growth ETF by 95.4% during the first quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock worth $855,000 after purchasing an additional 6,758 shares during the period. Russell Investments Group Ltd. boosted its position in iShares Core Dividend Growth ETF by 114.6% during the second quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock worth $77,000 after purchasing an additional 643 shares during the period. Glenview Trust co increased its stake in shares of iShares Core Dividend Growth ETF by 7.2% in the second quarter. Glenview Trust co now owns 9,516 shares of the company’s stock worth $608,000 after purchasing an additional 637 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in shares of iShares Core Dividend Growth ETF by 2.6% in the second quarter. Main Street Financial Solutions LLC now owns 12,191 shares of the company’s stock worth $779,000 after purchasing an additional 305 shares in the last quarter.

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.