Intellus Advisors LLC Purchases New Shares in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Intellus Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 50,843 shares of the company’s stock, valued at approximately $3,119,000.

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

iShares Core Dividend Growth ETF Stock Down 0.3 %

NYSEARCA DGRO opened at $61.52 on Friday. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08. The firm has a 50-day moving average price of $62.97 and a 200 day moving average price of $62.77. The stock has a market capitalization of $30.15 billion, a P/E ratio of 21.26 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.