iShares Core Dividend Growth ETF Sees $148.8 Million Inflow

In the latest data from ETF Channel, the iShares Core Dividend Growth ETF (Symbol: DGRO) has recorded an inflow of approximately $148.8 million. This represents a 0.5% increase in its outstanding units, rising from 497,100,000 to 499,500,000 week over week.

Among DGRO’s key holdings, CME Group (Symbol: CME) is up about 0.4%, Comcast Corp (Symbol: CMCSA) has increased by approximately 0.1%, and NextEra Energy Inc (Symbol: NEE) is up about 0.3% today.

The chart below illustrates DGRO’s one-year price performance against its 200-day moving average:

DGRO’s share price has seen a 52-week low of $54.09 and a high of $65.08, with the last trade recorded at $62.00. Comparing the current price to the 200-day moving average can provide insights for technical analysis.

Exchange-traded funds (ETFs) operate similarly to stocks, where investors trade “units” instead of shares. Each week, we analyze changes in shares outstanding to track ETFs with significant inflows or outflows. The creation of new units typically necessitates purchasing the ETF’s underlying assets, while the destruction of units involves selling those assets, which can affect individual components within the ETFs.

Find out which 9 other ETFs had notable inflows »

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.