iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI) Stock Price Down 0% – Here’s What Happened

iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI)’s stock price fell 0% during trading on Monday . The stock traded as low as $26.54 and last traded at $26.70. 5,810 shares traded hands during trading, an increase of 271% from the average session volume of 1,566 shares. The stock had previously closed at $26.71.

iShares Inflation Hedged High Yield Bond ETF Stock Down 0.0 %

The company has a market capitalization of $5.34 million, a PE ratio of 10.75 and a beta of 0.45. The stock’s fifty day moving average price is $26.66 and its two-hundred day moving average price is $26.78.

Institutional Trading of iShares Inflation Hedged High Yield Bond ETF

A hedge fund recently raised its stake in iShares Inflation Hedged High Yield Bond ETF stock. Glass Jacobson Investment Advisors llc grew its position in shares of iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI) by 771.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,735 shares of the company’s stock after acquiring an additional 1,536 shares during the period. Glass Jacobson Investment Advisors llc owned about 1.74% of iShares Inflation Hedged High Yield Bond ETF worth $46,000 at the end of the most recent quarter.

iShares Inflation Hedged High Yield Bond ETF Company Profile

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.