Cullen Frost Bankers Inc. Has $274,000 Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Cullen Frost Bankers Inc. grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 3.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,496 shares of the exchange traded fund’s stock after purchasing an additional 92 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $274,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in LQD. Trust Co. of Toledo NA OH acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at approximately $27,000. Centennial Bank AR acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter valued at approximately $34,000. Bogart Wealth LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 102.8% in the 1st quarter. Bogart Wealth LLC now owns 503 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 255 shares during the last quarter. Operose Advisors LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 584.2% in the 1st quarter. Operose Advisors LLC now owns 1,129 shares of the exchange traded fund’s stock valued at $123,000 after buying an additional 964 shares during the last quarter. Finally, Wedgewood Investors Inc. PA bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter valued at approximately $201,000. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of NYSEARCA LQD opened at $112.72 on Friday. The company has a 50 day simple moving average of $111.24 and a 200 day simple moving average of $109.02. The firm has a market cap of $32.68 billion, a PE ratio of 32.25 and a beta of 0.33. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $103.45 and a 1 year high of $112.89.

iShares iBoxx $ Investment Grade Corporate Bond ETF Profile

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States.