Valley National Advisers Inc. Purchases 471 Shares of iShares Core Dividend Growth ETF $DGRO

Valley National Advisers Inc. raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,762 shares of the company’s stock after buying an additional 471 shares during the quarter. Valley National Advisers Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,134,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. LPL Financial LLC grew its position in iShares Core Dividend Growth ETF by 6.4% during the first quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock valued at $969,797,000 after acquiring an additional 941,311 shares during the last quarter. Raymond James Financial Inc. boosted its position in iShares Core Dividend Growth ETF by 1.7% during the 1st quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock valued at $632,024,000 after acquiring an additional 174,417 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in iShares Core Dividend Growth ETF by 3.0% in the first quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock worth $494,006,000 after purchasing an additional 229,667 shares during the period. Capital Investment Advisors LLC increased its stake in shares of iShares Core Dividend Growth ETF by 3.3% in the 2nd quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock worth $509,040,000 after acquiring an additional 257,838 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in iShares Core Dividend Growth ETF by 0.7% during the first quarter. PNC Financial Services Group Inc. now owns 7,745,402 shares of the company’s stock valued at $478,511,000 after buying an additional 55,058 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.5%

NYSEARCA:DGRO opened at $68.58 on Monday. The company has a 50 day simple moving average of $66.64 and a two-hundred day simple moving average of $63.46. The company has a market cap of $34.66 billion, a PE ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $68.88.

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.