American Wealth Advisors LLC Makes New Investment in iShares Core Dividend Growth ETF $DGRO

American Wealth Advisors LLC acquired a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the third quarter, HoldingsChannel reports. The firm acquired 7,033 shares of the company’s stock, valued at approximately $479,000. iShares Core Dividend Growth ETF comprises about 0.5% of American Wealth Advisors LLC’s holdings, making the stock its 25th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in DGRO. Jones Financial Companies Lllp lifted its stake in iShares Core Dividend Growth ETF by 16.4% in the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock worth $583,076,000 after purchasing an additional 1,211,980 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares Core Dividend Growth ETF by 15.8% during the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after buying an additional 1,080,418 shares during the last quarter. MML Investors Services LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 25.9% in the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock worth $289,967,000 after buying an additional 934,207 shares during the period. HighTower Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 15.7% in the 3rd quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock worth $337,810,000 after purchasing an additional 673,706 shares during the period. Finally, Hughes Financial Services LLC grew its holdings in iShares Core Dividend Growth ETF by 86,423.7% in the 2nd quarter. Hughes Financial Services LLC now owns 591,822 shares of the company’s stock worth $38,356,000 after acquiring an additional 591,138 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.2%

Shares of NYSEARCA:DGRO opened at $73.18 on Thursday. The company has a 50-day moving average price of $72.02 and a 200-day moving average price of $69.51. The company has a market cap of $38.21 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $74.28.

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.