ARQ Wealth Advisors LLC Invests $7.88 Million in iShares Core Dividend Growth ETF $DGRO

ARQ Wealth Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGROFree Report) in the first quarter, HoldingsChannel reports. The institutional investor purchased 112,240 shares of the company’s stock, valued at approximately $7,877,000. iShares Core Dividend Growth ETF comprises about 1.4% of ARQ Wealth Advisors LLC’s holdings, making the stock its 22nd biggest holding.

Other large investors also recently bought and sold shares of the company. Greenline Wealth Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth about $25,000. Ankerstar Wealth LLC purchased a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at $26,000. MBM Wealth Consultants LLC acquired a new stake in iShares Core Dividend Growth ETF during the 1st quarter worth $27,000. Group One Trading LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at approximately $28,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth approximately $29,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock traded up $0.14 during midday trading on Friday, hitting $77.06. The company had a trading volume of 1,014,357 shares, compared to its average volume of 2,091,871. The company’s 50 day simple moving average is $75.01 and its 200 day simple moving average is $72.81. iShares Core Dividend Growth ETF has a 52-week low of $63.76 and a 52-week high of $78.06. The stock has a market cap of $42.02 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

iShares Core Dividend Growth ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding DGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Dividend Growth ETF (NYSEARCA:DGROFree Report).

Institutional Ownership by Quarter for iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

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