FORM Wealth Advisors LLC Invests $41.04 Million in iShares Core Dividend Growth ETF $DGRO

FORM Wealth Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 591,147 shares of the company’s stock, valued at approximately $41,037,000. iShares Core Dividend Growth ETF comprises about 4.8% of FORM Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position.

Several other hedge funds have also made changes to their positions in the business. Post Resch Tallon Group Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 0.5% during the third quarter. Post Resch Tallon Group Inc. now owns 30,447 shares of the company’s stock worth $2,073,000 after purchasing an additional 150 shares during the last quarter. Cvfg LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 2.3% during the third quarter. Cvfg LLC now owns 6,595 shares of the company’s stock worth $449,000 after purchasing an additional 150 shares during the last quarter. Dakota Wealth Management boosted its holdings in shares of iShares Core Dividend Growth ETF by 3.3% during the fourth quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock worth $330,000 after purchasing an additional 150 shares during the last quarter. PFG Investments LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 1.5% during the third quarter. PFG Investments LLC now owns 10,320 shares of the company’s stock worth $703,000 after purchasing an additional 155 shares during the last quarter. Finally, Round Rock Advisors LLC grew its stake in shares of iShares Core Dividend Growth ETF by 1.5% during the 4th quarter. Round Rock Advisors LLC now owns 10,798 shares of the company’s stock valued at $750,000 after buying an additional 155 shares during the period.

iShares Core Dividend Growth ETF Stock Down 0.5%

DGRO stock opened at $72.76 on Wednesday. The company has a market cap of $39.18 billion, a price-to-earnings ratio of 19.66 and a beta of 0.80. The business has a fifty day simple moving average of $71.81 and a 200-day simple moving average of $70.42. iShares Core Dividend Growth ETF has a 52 week low of $57.58 and a 52 week 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.