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

Cullen Frost Bankers Inc. lowered its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 25.5% in the third quarter, HoldingsChannel.com reports. The firm owned 7,120 shares of the exchange traded fund’s stock after selling 2,438 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $615,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. BTS Asset Management Inc. acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth approximately $326,084,000. LFA Lugano Financial Advisors SA acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth approximately $1,953,000. Stone Harbor Investment Partners LP acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth approximately $120,010,000. FormulaFolio Investments LLC lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 45.6% during the 2nd quarter. FormulaFolio Investments LLC now owns 2,657,297 shares of the exchange traded fund’s stock worth $226,083,000 after buying an additional 832,364 shares in the last quarter. Finally, United Services Automobile Association lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 78.7% during the 2nd quarter. United Services Automobile Association now owns 1,498,317 shares of the exchange traded fund’s stock worth $127,477,000 after buying an additional 659,844 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $84.32 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 52-week low of $83.99 and a 52-week high of $88.08.

The firm also recently announced a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were issued a dividend of $0.3891 per share. The ex-dividend date was Monday, October 1st. This is a positive change from iShares iBoxx $ High Yield Corporate Bond ETF’s previous monthly dividend of $0.37. This represents a $4.67 dividend on an annualized basis and a yield of 5.54%.

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.

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Want to see what other hedge funds are holding HYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG).

Institutional Ownership by Quarter for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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