Flagship Wealth Advisors LLC Buys Shares of 93,641 iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Flagship Wealth Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 93,641 shares of the company’s stock, valued at approximately $5,744,000. iShares Core Dividend Growth ETF comprises about 3.4% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest holding.

Several other institutional investors have also recently added to or reduced their stakes in DGRO. Pasadena Private Wealth LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 1.1% in the 4th quarter. Pasadena Private Wealth LLC now owns 15,236 shares of the company’s stock worth $935,000 after acquiring an additional 161 shares during the period. Lincoln Capital LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 1.7% in the 4th quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock worth $615,000 after acquiring an additional 168 shares during the period. Empire Financial Management Company LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 2.7% in the 3rd quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock worth $405,000 after acquiring an additional 171 shares during the period. Bluesphere Advisors LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 2.8% in the 4th quarter. Bluesphere Advisors LLC now owns 6,499 shares of the company’s stock worth $399,000 after acquiring an additional 177 shares during the period. Finally, Ellis Investment Partners LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 0.8% in the 4th quarter. Ellis Investment Partners LLC now owns 22,521 shares of the company’s stock worth $1,381,000 after acquiring an additional 178 shares during the period.

iShares Core Dividend Growth ETF Stock Up 1.4 %

DGRO stock opened at $61.54 on Monday. iShares Core Dividend Growth ETF has a fifty-two week low of $55.08 and a fifty-two week high of $65.08. The firm’s 50-day simple moving average is $62.91 and its 200 day simple moving average is $62.79. The stock has a market cap of $30.15 billion, a PE ratio of 22.22 and a beta of 0.89.

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.