Cullen Frost Bankers Inc. Purchases 3,796 Shares of iShares Core Dividend Growth ETF $DGRO

Cullen Frost Bankers Inc. raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 21.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,200 shares of the company’s stock after buying an additional 3,796 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,356,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Wellington Shields & Co. LLC increased its holdings in iShares Core Dividend Growth ETF by 20.4% in the 1st quarter. Wellington Shields & Co. LLC now owns 3,529 shares of the company’s stock valued at $218,000 after buying an additional 598 shares during the period. MGO One Seven LLC increased its holdings in iShares Core Dividend Growth ETF by 5.0% in the 1st quarter. MGO One Seven LLC now owns 88,711 shares of the company’s stock valued at $5,481,000 after buying an additional 4,186 shares during the period. Altus Wealth Management LLC increased its holdings in iShares Core Dividend Growth ETF by 0.8% in the 2nd quarter. Altus Wealth Management LLC now owns 427,854 shares of the company’s stock valued at $27,357,000 after buying an additional 3,599 shares during the period. Royal Bank of Canada increased its holdings in iShares Core Dividend Growth ETF by 3.7% in the 1st quarter. Royal Bank of Canada now owns 6,157,442 shares of the company’s stock valued at $380,408,000 after buying an additional 219,938 shares during the period. Finally, Keystone Global Partners LLC bought a new position in iShares Core Dividend Growth ETF in the 2nd quarter valued at about $30,000.

iShares Core Dividend Growth ETF Stock Up 0.2%

DGRO stock opened at $68.42 on Friday. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $68.88. The firm has a market cap of $34.63 billion, a P/E ratio of 19.66 and a beta of 0.89. The company’s 50-day moving average price is $67.45 and its two-hundred day moving average price is $64.14.

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.