Valmark Advisers Inc. Acquires 16,805 Shares of iShares Core Dividend Growth ETF $DGRO

Valmark Advisers Inc. lifted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 14.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,104 shares of the company’s stock after purchasing an additional 16,805 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Core Dividend Growth ETF were worth $8,857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Management Associates Inc. raised its position in 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. McKinley Carter Wealth Services Inc. grew its stake in shares of iShares Core Dividend Growth ETF by 0.6% in the second quarter. McKinley Carter Wealth Services Inc. now owns 29,919 shares of the company’s stock worth $1,913,000 after acquiring an additional 180 shares during the period. Summit Wealth Partners LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 0.5% during the third quarter. Summit Wealth Partners LLC now owns 38,664 shares of the company’s stock valued at $2,632,000 after purchasing an additional 180 shares during the last quarter. PCA Investment Advisory Services Inc. raised its holdings in shares of iShares Core Dividend Growth ETF by 1.4% during the second quarter. PCA Investment Advisory Services Inc. now owns 12,991 shares of the company’s stock valued at $831,000 after purchasing an additional 181 shares during the last quarter. Finally, Cvfg LLC lifted its position in iShares Core Dividend Growth ETF by 3.0% during the second quarter. Cvfg LLC now owns 6,445 shares of the company’s stock valued at $412,000 after purchasing an additional 185 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.5%

Shares of DGRO stock opened at $70.97 on Friday. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $71.12. The stock has a market capitalization of $36.78 billion, a P/E ratio of 19.66 and a beta of 0.84. The firm’s 50 day moving average is $69.24 and its 200 day moving average is $67.44.

iShares Core Dividend Growth ETF 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.