FORM Wealth Advisors LLC Decreases Stock Position in iShares Core Dividend Growth ETF $DGRO

FORM Wealth Advisors LLC decreased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 29.1% during the second quarter, HoldingsChannel.com reports. The firm owned 507,127 shares of the company’s stock after selling 208,317 shares during the period. iShares Core Dividend Growth ETF accounts for 4.2% of FORM Wealth Advisors LLC’s portfolio, making the stock its 7th largest position. FORM Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $38,435,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Greenline Wealth Management LLC purchased a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $25,000. Ankerstar Wealth LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $26,000. MBM Wealth Consultants LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the first quarter worth about $27,000. Group One Trading LLC bought a new position in shares of iShares Core Dividend Growth ETF in the third quarter valued at approximately $28,000. Finally, Strategic Wealth Investment Group LLC bought a new position in shares of iShares Core Dividend Growth ETF in the second quarter valued at approximately $29,000.

iShares Core Dividend Growth ETF Trading Up 0.1%

Shares of NYSEARCA:DGRO opened at $79.69 on Wednesday. The company has a 50 day moving average of $76.81 and a 200 day moving average of $74.00. The stock has a market cap of $43.67 billion, a P/E ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a 12 month low of $65.24 and a 12 month high of $79.98.

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.