Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $43.41 and last traded at $43.33, with a volume of 78229 shares. The stock had previously closed at $43.21.
iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance
The stock has a fifty day simple moving average of $42.75 and a 200-day simple moving average of $42.38.
Hedge Funds Weigh In On iShares 0-5 Year High Yield Corporate Bond ETF
A number of large investors have recently added to or reduced their stakes in the company. HCR Wealth Advisors boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 28.3% during the 4th quarter. HCR Wealth Advisors now owns 50,823 shares of the company’s stock worth $2,146,000 after buying an additional 11,221 shares during the last quarter. GLOBALT Investments LLC GA acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 4th quarter worth about $732,000. Richardson Financial Services Inc. acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 4th quarter worth about $1,356,000. First Horizon Advisors Inc. boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,697 shares of the company’s stock worth $72,000 after buying an additional 409 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 116.6% during the 4th quarter. Parallel Advisors LLC now owns 1,830 shares of the company’s stock worth $77,000 after buying an additional 985 shares during the last quarter.
About iShares 0-5 Year High Yield Corporate Bond ETF
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.
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