Cullen Frost Bankers Inc. Sells 2,397 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Cullen Frost Bankers Inc. lessened its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 139,030 shares of the exchange traded fund’s stock after selling 2,397 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $11,213,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Creative Financial Designs Inc. ADV raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 59.9% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 494 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 185 shares in the last quarter. Boyd Watterson Asset Management LLC OH raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 13.3% during the 1st quarter. Boyd Watterson Asset Management LLC OH now owns 2,158 shares of the exchange traded fund’s stock worth $170,000 after acquiring an additional 253 shares in the last quarter. Golden State Wealth Management LLC increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 8.1% during the 1st quarter. Golden State Wealth Management LLC now owns 4,005 shares of the exchange traded fund’s stock valued at $316,000 after purchasing an additional 301 shares in the last quarter. ST Germain D J Co. Inc. raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 207.7% in the second quarter. ST Germain D J Co. Inc. now owns 480 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 324 shares during the last quarter. Finally, Ironwood Investment Counsel LLC raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.9% in the first quarter. Ironwood Investment Counsel LLC now owns 21,215 shares of the exchange traded fund’s stock worth $1,674,000 after buying an additional 395 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.1%

NYSEARCA HYG opened at $80.68 on Thursday. The company has a fifty day simple moving average of $80.80 and a two-hundred day simple moving average of $79.80. The stock has a market cap of $19.20 billion, a P/E ratio of 10.79 and a beta of 0.43. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $75.08 and a 12-month high of $81.36.

iShares iBoxx $ High Yield Corporate Bond ETF Profile

iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.