Intellus Advisors LLC Makes New Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Intellus Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 50,843 shares of the company’s stock, valued at approximately $3,119,000.

Other institutional investors have also modified their holdings of the company. Ulland Investment Advisors LLC acquired a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $27,000. Truvestments Capital LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at $28,000. Y.D. More Investments Ltd purchased a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at $33,000. Rialto Wealth Management LLC acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth $33,000. Finally, Synergy Investment Management LLC purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at $37,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $61.52 on Friday. The stock’s 50-day moving average is $62.97 and its two-hundred day moving average is $62.77. iShares Core Dividend Growth ETF has a 1 year low of $55.08 and a 1 year high of $65.08. The firm has a market cap of $30.15 billion, a price-to-earnings ratio of 21.26 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.