Diversify Advisory Services LLC Invests $4.19 Million in iShares Core Dividend Growth ETF $DGRO

Diversify Advisory Services LLC purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 61,946 shares of the company’s stock, valued at approximately $4,190,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Post Resch Tallon Group Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 0.5% in the third quarter. Post Resch Tallon Group Inc. now owns 30,447 shares of the company’s stock worth $2,073,000 after acquiring an additional 150 shares during the last quarter. Cvfg LLC grew its stake in shares of iShares Core Dividend Growth ETF by 2.3% during the third quarter. Cvfg LLC now owns 6,595 shares of the company’s stock valued at $449,000 after purchasing an additional 150 shares during the last quarter. PFG Investments LLC grew its stake in shares of iShares Core Dividend Growth ETF by 1.5% during the third quarter. PFG Investments LLC now owns 10,320 shares of the company’s stock valued at $703,000 after purchasing an additional 155 shares during the last quarter. Wealth Management Associates Inc. increased its holdings in shares of iShares Core Dividend Growth ETF by 1.5% in the third quarter. Wealth Management Associates Inc. now owns 11,710 shares of the company’s stock valued at $797,000 after purchasing an additional 174 shares in the last quarter. Finally, Summit Wealth Partners LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 0.5% in the third quarter. Summit Wealth Partners LLC now owns 38,664 shares of the company’s stock valued at $2,632,000 after purchasing an additional 180 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $71.65 on Monday. The company has a 50 day moving average price of $72.09 and a 200 day moving average price of $69.61. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $74.28. The stock has a market capitalization of $37.41 billion, a PE ratio of 19.66 and a beta of 0.84.

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.