DGRO Stock Summary and Trading Ideas (iShares Core Dividend Growth ETF | ARCA:DGRO)

The iShares Core Dividend Growth ETF seeks to track the investment results of an index composed of U.S. equities with a history of consistently growing dividends.Companies are screened for sustainability of dividend growth and are broadly diversified across industries.

iShares Core Dividend Growth ETF trades on the ARCA stock market under the symbol DGRO.

As of April 25, 2024, DGRO stock price declined to $56.42 with 1,306,007 million shares trading.

DGRO has a beta of 0.78, meaning it tends to be less sensitive to market movements. DGRO has a correlation of 0.73 to the broad based SPY ETF.

DGRO has a market cap of $26.66 billion. This is considered a Large Cap stock.

In the last 3 years, DGRO stock traded as high as $58.19 and as low as $43.67.

DGRO stock has underperformed the market in the last year with a return of +14.6%, while SPY returned +25.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DGRO shares. However, DGRO has outperformed the market in the last 3 month and 2 week periods, returning +3.7% and -0.3%, while SPY returned +3.5% and -2.8%, respectively. This indicates DGRO has been having a stronger performance recently.

DGRO support price is $56.18 and resistance is $57.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DGRO stock will trade within this expected range on the day.