Flagship Wealth Advisors LLC Invests $5.74 Million in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Flagship Wealth Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 93,641 shares of the company’s stock, valued at approximately $5,744,000. iShares Core Dividend Growth ETF makes up approximately 3.4% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest holding.

Other institutional investors have also made changes to their positions in the company. Pasadena Private Wealth LLC increased its stake in shares of iShares Core Dividend Growth ETF by 1.1% in the fourth quarter. Pasadena Private Wealth LLC now owns 15,236 shares of the company’s stock worth $935,000 after buying an additional 161 shares during the last quarter. Lincoln Capital LLC increased its stake in shares of iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock worth $615,000 after buying an additional 168 shares during the last quarter. Empire Financial Management Company LLC increased its stake in shares of iShares Core Dividend Growth ETF by 2.7% in the third quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock worth $405,000 after buying an additional 171 shares during the last quarter. Bluesphere Advisors LLC increased its stake in shares of iShares Core Dividend Growth ETF by 2.8% in the fourth quarter. Bluesphere Advisors LLC now owns 6,499 shares of the company’s stock worth $399,000 after buying an additional 177 shares during the last quarter. Finally, Ellis Investment Partners LLC increased its stake in shares of iShares Core Dividend Growth ETF by 0.8% in the fourth quarter. Ellis Investment Partners LLC now owns 22,521 shares of the company’s stock worth $1,381,000 after buying an additional 178 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 1.4 %

Shares of NYSEARCA:DGRO opened at $61.54 on Monday. The company has a fifty day simple moving average of $62.91 and a 200 day simple moving average of $62.79. The firm has a market cap of $30.15 billion, a PE ratio of 22.22 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08.

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.