Cullen Frost Bankers Inc. Has $8.14 Million Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF $USHY

Cullen Frost Bankers Inc. raised its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 23,125.1% during the fourth quarter, HoldingsChannel reports. The firm owned 217,619 shares of the company’s stock after acquiring an additional 216,682 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $8,138,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. IFP Advisors Inc boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.5% in the 3rd quarter. IFP Advisors Inc now owns 11,594 shares of the company’s stock valued at $438,000 after purchasing an additional 496 shares in the last quarter. Winch Advisory Services LLC boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.3% during the 4th quarter. Winch Advisory Services LLC now owns 24,916 shares of the company’s stock valued at $932,000 after acquiring an additional 553 shares in the last quarter. Richardson Capital Management LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter valued at $32,000. Titleist Asset Management LLC boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.1% during the 3rd quarter. Titleist Asset Management LLC now owns 41,531 shares of the company’s stock valued at $1,569,000 after acquiring an additional 853 shares in the last quarter. Finally, Covestor Ltd boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 8.3% during the 3rd quarter. Covestor Ltd now owns 11,454 shares of the company’s stock valued at $433,000 after acquiring an additional 873 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 0.7%

BATS USHY opened at $36.94 on Thursday. iShares Broad USD High Yield Corporate Bond ETF has a twelve month low of $36.39 and a twelve month high of $37.87. The company has a market cap of $23.24 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The business’s fifty day moving average is $36.95 and its 200 day moving average is $37.26.

iShares Broad USD High Yield Corporate Bond ETF Profile

The iShares Broad USD High Yield Corporate Bond ETF (USHY) is an exchange-traded fund that is based on the ICE BofA US High Yield Constrained index. The fund tracks a market value-weighted index of USD-denominated high yield corporate debt with broad maturities. USHY was launched on Oct 25, 2017 and is managed by BlackRock.