Valmark Advisers Inc. Buys 5,788 Shares of iShares Core Dividend Growth ETF $DGRO

Valmark Advisers Inc. grew its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,299 shares of the company’s stock after purchasing an additional 5,788 shares during the period. Valmark Advisers Inc.’s holdings in iShares Core Dividend Growth ETF were worth $7,244,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of DGRO. Proathlete Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the second quarter valued at about $25,000. Sound Income Strategies LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 235.2% during the first quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock worth $25,000 after purchasing an additional 287 shares during the period. Rise Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the first quarter valued at approximately $27,000. Keystone Global Partners LLC purchased a new position in iShares Core Dividend Growth ETF during the second quarter valued at approximately $30,000. Finally, JFS Wealth Advisors LLC raised its position in iShares Core Dividend Growth ETF by 60.7% during the first quarter. JFS Wealth Advisors LLC now owns 495 shares of the company’s stock valued at $31,000 after acquiring an additional 187 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $68.47 on Wednesday. The company has a market cap of $34.61 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89. The stock has a 50 day simple moving average of $66.76 and a 200-day simple moving average of $63.55. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $68.88.

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.