Cullen Frost Bankers Inc. Buys 160,327 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Cullen Frost Bankers Inc. lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 188.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 245,255 shares of the exchange traded fund’s stock after purchasing an additional 160,327 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $18,980,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of HYG. Integrated Wealth Concepts LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 900.2% during the third quarter. Integrated Wealth Concepts LLC now owns 330,031 shares of the exchange traded fund’s stock worth $24,330,000 after acquiring an additional 297,034 shares in the last quarter. Money Design Co. Ltd. increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 7,270.4% during the 3rd quarter. Money Design Co. Ltd. now owns 130,898 shares of the exchange traded fund’s stock worth $9,650,000 after purchasing an additional 129,122 shares in the last quarter. Worth Asset Management LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 2,774.3% in the 4th quarter. Worth Asset Management LLC now owns 114,483 shares of the exchange traded fund’s stock valued at $8,860,000 after purchasing an additional 110,500 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 729.9% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 123,269 shares of the exchange traded fund’s stock valued at $9,540,000 after purchasing an additional 108,416 shares during the last quarter. Finally, Pinkerton Retirement Specialists LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at approximately $7,517,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.0 %

Shares of NYSEARCA:HYG traded down $0.01 during trading on Tuesday, hitting $77.16. 34,052,250 shares of the company were exchanged, compared to its average volume of 38,891,914. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $71.68 and a 1-year high of $78.08. The company has a market capitalization of $14.47 billion, a P/E ratio of 9.48 and a beta of 0.35. The business’s 50 day moving average is $76.97 and its 200-day moving average is $76.42.

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.