iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Shares Bought by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. increased its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 188.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 245,255 shares of the exchange traded fund’s stock after buying an additional 160,327 shares during the quarter. Cullen Frost Bankers Inc. owned about 0.12% of iShares iBoxx $ High Yield Corporate Bond ETF worth $18,980,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Wetzel Investment Advisors Inc. bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at $26,000. GoalVest Advisory LLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at $39,000. Peoples Bank KS acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at $85,000. S. R. Schill & Associates purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth about $213,000. Finally, Financial Management Professionals Inc. raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 29.3% during the 4th quarter. Financial Management Professionals Inc. now owns 3,011 shares of the exchange traded fund’s stock worth $233,000 after buying an additional 682 shares during the period.

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

Shares of HYG traded down $0.01 during midday trading on Tuesday, hitting $77.16. The stock had a trading volume of 34,052,250 shares, compared to its average volume of 38,891,914. The business has a 50-day simple moving average of $76.97 and a two-hundred day simple moving average of $76.42. The firm has a market cap of $14.47 billion, a P/E ratio of 9.48 and a beta of 0.35. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $71.68 and a fifty-two week high of $78.08.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.