Cullen Frost Bankers Inc. Lowers Holdings in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Cullen Frost Bankers Inc. decreased its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 1.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 139,030 shares of the exchange traded fund’s stock after selling 2,397 shares during the period. Cullen Frost Bankers Inc. owned 0.07% of iShares iBoxx $ High Yield Corporate Bond ETF worth $11,213,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Lorne Steinberg Wealth Management Inc. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.9% in the 2nd quarter. Lorne Steinberg Wealth Management Inc. now owns 28,040 shares of the exchange traded fund’s stock worth $2,261,000 after purchasing an additional 528 shares during the period. Private Trust Co. NA lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.4% in the 2nd quarter. Private Trust Co. NA now owns 8,955 shares of the exchange traded fund’s stock worth $722,000 after purchasing an additional 3,000 shares during the period. J.Safra Asset Management Corp lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 5.1% in the 2nd quarter. J.Safra Asset Management Corp now owns 110,764 shares of the exchange traded fund’s stock worth $8,899,000 after purchasing an additional 5,334 shares during the period. Richardson Financial Services Inc. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.8% in the 2nd quarter. Richardson Financial Services Inc. now owns 29,412 shares of the exchange traded fund’s stock worth $2,358,000 after purchasing an additional 1,082 shares during the period. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter worth approximately $121,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of HYG opened at $80.68 on Thursday. The company has a 50 day moving average price of $80.80 and a 200-day moving average price of $79.80. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $75.08 and a fifty-two week high of $81.36. The stock has a market capitalization of $19.20 billion, a PE ratio of 10.79 and a beta of 0.43.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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.