Summit Financial Wealth Advisors LLC Acquires 19,131 Shares of iShares Core Dividend Growth ETF $DGRO

Summit Financial Wealth Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 19,131 shares of the company’s stock, valued at approximately $1,442,000.

Several other large investors have also made changes to their positions in the company. Investor s Fiduciary Advisor Network LLC increased its position in shares of iShares Core Dividend Growth ETF by 0.6% during the 2nd quarter. Investor s Fiduciary Advisor Network LLC now owns 22,102 shares of the company’s stock valued at $1,675,000 after purchasing an additional 136 shares during the last quarter. Sharp Wealth Advisory LLC raised its stake in iShares Core Dividend Growth ETF by 4.3% in the 1st quarter. Sharp Wealth Advisory LLC now owns 3,361 shares of the company’s stock valued at $236,000 after acquiring an additional 139 shares during the period. CX Institutional lifted its holdings in iShares Core Dividend Growth ETF by 3.5% during the third quarter. CX Institutional now owns 4,968 shares of the company’s stock valued at $375,000 after purchasing an additional 166 shares during the last quarter. Beckerman Institutional LLC lifted its holdings in iShares Core Dividend Growth ETF by 0.7% during the first quarter. Beckerman Institutional LLC now owns 26,775 shares of the company’s stock valued at $1,879,000 after purchasing an additional 176 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its position in iShares Core Dividend Growth ETF by 1.1% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 17,441 shares of the company’s stock worth $1,224,000 after purchasing an additional 185 shares during the period.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO traded up $0.67 on Thursday, reaching $78.61. 920,535 shares of the company’s stock were exchanged, compared to its average volume of 1,837,078. The firm has a market cap of $43.81 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76. The stock has a fifty day simple moving average of $78.13 and a 200-day simple moving average of $75.90. iShares Core Dividend Growth ETF has a 52 week low of $67.14 and a 52 week high of $80.58.

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.