iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Sets New 52-Week High at $43.09

iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $43.09 and last traded at $43.08, with a volume of 23185 shares. The stock had previously closed at $43.02.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance

The business has a 50 day moving average price of $42.66 and a 200-day moving average price of $42.35.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SHYG. Ninety One UK Ltd lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 77.2% during the 2nd quarter. Ninety One UK Ltd now owns 347,630 shares of the company’s stock worth $14,670,000 after buying an additional 151,430 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 11.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 274,015 shares of the company’s stock worth $11,568,000 after buying an additional 29,134 shares during the last quarter. Fairview Capital Investment Management LLC lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 5.5% during the 1st quarter. Fairview Capital Investment Management LLC now owns 218,278 shares of the company’s stock worth $9,288,000 after buying an additional 11,430 shares during the last quarter. RiverFront Investment Group LLC lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 26.1% during the 2nd quarter. RiverFront Investment Group LLC now owns 211,365 shares of the company’s stock worth $8,920,000 after buying an additional 43,794 shares during the last quarter. Finally, Adell Harriman & Carpenter Inc. lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 0.3% during the 2nd quarter. Adell Harriman & Carpenter Inc. now owns 171,946 shares of the company’s stock worth $7,256,000 after buying an additional 581 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield USD-denominated bonds with 0-5 years remaining in maturity. SHYG was launched on Oct 15, 2013 and is managed by BlackRock.