iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Stock Price Up 0.1% – Time to Buy?

iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)’s stock price rose 0.1% during mid-day trading on Thursday . The company traded as high as $42.80 and last traded at $42.79. Approximately 910,852 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 851,290 shares. The stock had previously closed at $42.74.

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

The company has a 50-day moving average of $42.92 and a 200 day moving average of $42.83.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% during the third quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock worth $94,000 after purchasing an additional 458 shares during the period. Richardson Capital Management LLC increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 43.5% during the 3rd quarter. Richardson Capital Management LLC now owns 1,540 shares of the company’s stock worth $67,000 after buying an additional 467 shares during the last quarter. Jaffetilchin Investment Partners LLC raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1.9% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 26,349 shares of the company’s stock valued at $1,144,000 after buying an additional 499 shares during the period. Fortitude Family Office LLC acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter valued at approximately $37,000. Finally, EverSource Wealth Advisors LLC increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 46.2% during the second quarter. EverSource Wealth Advisors LLC now owns 4,055 shares of the company’s stock worth $173,000 after acquiring an additional 1,282 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.