iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI – Get Free Report)’s stock price fell 0% during mid-day trading on Friday . The company traded as low as $27.31 and last traded at $27.31. 256 shares changed hands during trading, a decline of 89% from the average session volume of 2,298 shares. The stock had previously closed at $27.32.
iShares Inflation Hedged High Yield Bond ETF Price Performance
The stock has a market capitalization of $5.46 million, a PE ratio of 10.82 and a beta of -0.70. The business has a 50 day moving average price of $27.31 and a 200 day moving average price of $27.31.
Institutional Trading of iShares Inflation Hedged High Yield Bond ETF
An institutional investor recently bought a new stake in iShares Inflation Hedged High Yield Bond ETF stock. Royal Bank of Canada acquired a new stake in shares of iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 30,915 shares of the company’s stock, valued at approximately $831,000. Royal Bank of Canada owned approximately 15.46% of iShares Inflation Hedged High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission.
About iShares Inflation Hedged High Yield Bond ETF
The iShares Inflation Hedged High Yield Bond ETF (HYGI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that holds the iShares iBoxx USD High Yield Corporate Bond ETF (HYG), which targets USD-denominated, high-yield corporate bonds, while mitigating inflation risk through swaps. HYGI was launched on Jun 22, 2022 and is managed by BlackRock.
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