B. Riley Wealth Advisors Inc. Makes New $7.44 Million Investment in iShares Core Dividend Growth ETF $DGRO

B. Riley Wealth Advisors Inc. bought a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 116,307 shares of the company’s stock, valued at approximately $7,437,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in DGRO. Proathlete Wealth Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the second quarter valued at approximately $25,000. Rise Advisors LLC bought a new stake in iShares Core Dividend Growth ETF in the 1st quarter worth approximately $27,000. Private Wealth Asset Management LLC bought a new stake in iShares Core Dividend Growth ETF in the 2nd quarter worth approximately $28,000. Strategic Wealth Investment Group LLC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter valued at $29,000. Finally, Keystone Global Partners LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $30,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $70.24 on Friday. The firm has a market capitalization of $35.65 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $70.61. The business has a fifty day moving average of $68.56 and a 200 day moving average of $66.44.

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.