Baird Financial Group Inc. grew its stake in shares of Cisco Systems, Inc. ( NASDAQ:CSCO – Get Rating ) by 16.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,068,486 shares of the network equipment provider's stock after acquiring an additional 852,492 shares during the period. Cisco Systems comprises about 0.8% of Baird Financial Group Inc.'s portfolio, making the stock its 24th largest holding. Baird Financial Group Inc. owned 0.15% of Cisco Systems worth $289,102,000 as of its most recent filing with the SEC.

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