iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI – Get Free Report) shares rose 0.1% during trading on Monday . The company traded as high as $27.12 and last traded at $26.90. Approximately 14,602 shares changed hands during trading, an increase of 553% from the average daily volume of 2,237 shares. The stock had previously closed at $26.87.
iShares Inflation Hedged High Yield Bond ETF Stock Performance
The stock’s 50-day moving average is $26.77 and its 200-day moving average is $26.64.
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.
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