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

Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) reached a new 52-week high on Friday . The stock traded as high as $43.09 and last traded at $43.03, with a volume of 33457 shares. The stock had previously closed at $43.03.

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

The firm has a 50 day moving average price of $42.51 and a two-hundred day moving average price of $42.31.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 40.8% in the 4th quarter. BNP Paribas Financial Markets now owns 479,371 shares of the company’s stock worth $20,239,000 after purchasing an additional 138,859 shares during the period. Ninety One UK Ltd boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 77.2% in the 2nd quarter. Ninety One UK Ltd now owns 347,630 shares of the company’s stock worth $14,670,000 after purchasing an additional 151,430 shares during the period. Janney Montgomery Scott LLC boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 11.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 274,015 shares of the company’s stock worth $11,568,000 after purchasing an additional 29,134 shares during the period. Fairview Capital Investment Management LLC raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 5.5% in the 1st quarter. Fairview Capital Investment Management LLC now owns 218,278 shares of the company’s stock valued at $9,288,000 after acquiring an additional 11,430 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 26.1% in the 2nd quarter. RiverFront Investment Group LLC now owns 211,365 shares of the company’s stock valued at $8,920,000 after acquiring an additional 43,794 shares in 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.