Cullen Frost Bankers Inc. Increases Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Cullen Frost Bankers Inc. raised its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 74.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 23,092 shares of the company’s stock after acquiring an additional 9,821 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,416,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its holdings in iShares Core Dividend Growth ETF by 3.2% in the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after purchasing an additional 413,083 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares Core Dividend Growth ETF by 1.4% in the third quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock valued at $491,641,000 after purchasing an additional 108,051 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in iShares Core Dividend Growth ETF by 2.5% in the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock valued at $459,778,000 after purchasing an additional 180,448 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in iShares Core Dividend Growth ETF by 36.6% in the fourth quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock valued at $259,159,000 after purchasing an additional 1,132,527 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in iShares Core Dividend Growth ETF by 20.4% in the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock valued at $238,032,000 after purchasing an additional 644,193 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock opened at $63.31 on Friday. The firm has a 50-day simple moving average of $62.86 and a two-hundred day simple moving average of $62.74. The company has a market cap of $31.02 billion, a P/E ratio of 22.22 and a beta of 0.89. iShares Core Dividend Growth ETF has a fifty-two week low of $55.08 and a fifty-two week high of $65.08.

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.