Valley National Advisers Inc. Makes New Investment in iShares Core Dividend Growth ETF $DGRO

Valley National Advisers Inc. bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,083 shares of the company’s stock, valued at approximately $1,439,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DGRO. Meridian Financial Partners LLC grew its stake in iShares Core Dividend Growth ETF by 0.6% during the third quarter. Meridian Financial Partners LLC now owns 319,132 shares of the company’s stock worth $25,081,000 after purchasing an additional 1,754 shares during the period. Invested Advisors lifted its stake in iShares Core Dividend Growth ETF by 8.0% in the third quarter. Invested Advisors now owns 5,625 shares of the company’s stock valued at $424,000 after buying an additional 415 shares during the period. Atlas Private Wealth Advisors lifted its stake in iShares Core Dividend Growth ETF by 2.5% in the third quarter. Atlas Private Wealth Advisors now owns 179,746 shares of the company’s stock valued at $13,551,000 after buying an additional 4,316 shares during the period. Signaturefd LLC acquired a new position in iShares Core Dividend Growth ETF in the third quarter valued at approximately $226,000. Finally, Citizens Financial Group Inc. RI bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $1,125,000.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $79.65 on Monday. The stock has a market capitalization of $44.42 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a 52-week low of $67.14 and a 52-week high of $80.58. The stock’s 50 day moving average price is $78.06 and its two-hundred day moving average price is $76.36.

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.