PKS Advisory Services LLC Makes New $707,000 Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

PKS Advisory Services LLC purchased a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,529 shares of the company’s stock, valued at approximately $707,000.

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

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $62.16 on Tuesday. The company has a market capitalization of $30.46 billion, a P/E ratio of 21.26 and a beta of 0.89. The company has a fifty day moving average price of $62.99 and a 200-day moving average price of $62.80. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08.

iShares Core Dividend Growth ETF 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.