Cullen Frost Bankers Inc. Has $553,000 Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Cullen Frost Bankers Inc. boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 97.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,603 shares of the company’s stock after acquiring an additional 4,737 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Core Dividend Growth ETF were worth $553,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 1.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 8,821,774 shares of the company’s stock worth $508,222,000 after buying an additional 111,539 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Core Dividend Growth ETF by 1.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 8,543,205 shares of the company’s stock worth $459,795,000 after acquiring an additional 85,304 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.1% in the second quarter. Capital Investment Advisors LLC now owns 7,205,141 shares of the company’s stock worth $415,088,000 after acquiring an additional 150,379 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 2.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 7,134,724 shares of the company’s stock valued at $414,242,000 after purchasing an additional 147,981 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of iShares Core Dividend Growth ETF by 11.0% during the 4th quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock valued at $282,702,000 after purchasing an additional 518,671 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $61.03 on Tuesday. The stock has a market cap of $28.89 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company has a 50 day simple moving average of $59.78 and a 200 day simple moving average of $58.04. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $62.19.

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.