Cullen Frost Bankers Inc. Boosts Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Cullen Frost Bankers Inc. raised its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,758 shares of the company’s stock after purchasing an additional 1,271 shares during the period. Cullen Frost Bankers Inc. owned 0.08% of iShares Select Dividend ETF worth $14,935,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. Creative Capital Management Investments LLC purchased a new position in iShares Select Dividend ETF during the fourth quarter valued at approximately $33,000. Roxbury Financial LLC purchased a new position in iShares Select Dividend ETF during the fourth quarter valued at approximately $38,000. JDM Financial Group LLC grew its stake in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares in the last quarter. Finally, Weaver Capital Management LLC purchased a new position in iShares Select Dividend ETF during the fourth quarter valued at approximately $43,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.1 %

Shares of NASDAQ:DVY opened at $133.84 on Thursday. The company has a 50 day moving average of $134.17 and a 200 day moving average of $135.01. The stock has a market cap of $19.90 billion, a P/E ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $115.43 and a 12 month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Select Dividend ETF Company Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.