Valmark Advisers Inc. Buys 9,025 Shares of iShares Core Dividend Growth ETF $DGRO

Valmark Advisers Inc. raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 139,129 shares of the company’s stock after purchasing an additional 9,025 shares during the period. Valmark Advisers Inc.’s holdings in iShares Core Dividend Growth ETF were worth $9,658,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Post Resch Tallon Group Inc. increased its position in iShares Core Dividend Growth ETF by 0.5% during the 3rd quarter. Post Resch Tallon Group Inc. now owns 30,447 shares of the company’s stock valued at $2,073,000 after purchasing an additional 150 shares during the period. Cvfg LLC increased its position in iShares Core Dividend Growth ETF by 2.3% during the 3rd quarter. Cvfg LLC now owns 6,595 shares of the company’s stock valued at $449,000 after purchasing an additional 150 shares during the period. Dakota Wealth Management increased its position in iShares Core Dividend Growth ETF by 3.3% during the 4th quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock valued at $330,000 after purchasing an additional 150 shares during the period. PFG Investments LLC increased its position in iShares Core Dividend Growth ETF by 1.5% during the 3rd quarter. PFG Investments LLC now owns 10,320 shares of the company’s stock valued at $703,000 after purchasing an additional 155 shares during the period. Finally, Wealth Management Associates Inc. grew its position in shares of iShares Core Dividend Growth ETF by 1.5% in the 3rd quarter. Wealth Management Associates Inc. now owns 11,710 shares of the company’s stock worth $797,000 after buying an additional 174 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.1%

Shares of iShares Core Dividend Growth ETF stock opened at $72.35 on Wednesday. The firm’s 50 day moving average price is $71.88 and its 200-day moving average price is $70.26. iShares Core Dividend Growth ETF has a 52-week low of $56.60 and a 52-week high of $74.28. The company has a market cap of $38.88 billion, a P/E ratio of 19.66 and a beta of 0.80.

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.