Valmark Advisers Inc. Increases Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Valmark Advisers Inc. increased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,315 shares of the company’s stock after purchasing an additional 1,866 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Core Dividend Growth ETF were worth $2,977,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. HBK Sorce Advisory LLC increased its position in iShares Core Dividend Growth ETF by 3.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 5,166 shares of the company’s stock worth $278,000 after purchasing an additional 184 shares in the last quarter. Warner Financial Inc. increased its position in iShares Core Dividend Growth ETF by 1.5% during the 4th quarter. Warner Financial Inc. now owns 13,216 shares of the company’s stock worth $711,000 after purchasing an additional 194 shares in the last quarter. Ayrshire Capital Management LLC increased its position in iShares Core Dividend Growth ETF by 2.1% during the 4th quarter. Ayrshire Capital Management LLC now owns 9,837 shares of the company’s stock worth $529,000 after purchasing an additional 199 shares in the last quarter. Centurion Wealth Management LLC increased its position in iShares Core Dividend Growth ETF by 0.6% during the 3rd quarter. Centurion Wealth Management LLC now owns 34,693 shares of the company’s stock worth $1,718,000 after purchasing an additional 209 shares in the last quarter. Finally, Financial Life Advisors boosted its stake in iShares Core Dividend Growth ETF by 0.7% in the 3rd quarter. Financial Life Advisors now owns 32,339 shares of the company’s stock worth $1,602,000 after buying an additional 240 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO traded down $0.08 during mid-day trading on Friday, reaching $56.34. The company’s stock had a trading volume of 1,020,871 shares, compared to its average volume of 1,582,757. The company’s fifty day simple moving average is $56.62 and its two-hundred day simple moving average is $53.72. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $58.19. The stock has a market cap of $26.53 billion, a P/E ratio of 18.84 and a beta of 0.89.

iShares Core Dividend Growth ETF Company 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.