iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Trading 0.1% Higher – What’s Next?

Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) traded up 0.1% on Thursday . The stock traded as high as $42.80 and last traded at $42.79. 910,852 shares traded hands during trading, an increase of 7% from the average session volume of 851,290 shares. The stock had previously closed at $42.74.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.4 %

The firm has a 50-day moving average of $42.91 and a two-hundred day moving average of $42.83.

Institutional Trading of iShares 0-5 Year High Yield Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Motley Fool Wealth Management LLC lifted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 98.5% during the third quarter. Motley Fool Wealth Management LLC now owns 686,613 shares of the company’s stock worth $29,813,000 after purchasing an additional 340,749 shares during the period. RiverFront Investment Group LLC raised its position in iShares 0-5 Year High Yield Corporate Bond ETF by 26.1% during the 2nd quarter. RiverFront Investment Group LLC now owns 211,365 shares of the company’s stock worth $8,920,000 after purchasing an additional 43,794 shares during the last quarter. Kiely Wealth Advisory Group Inc. bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter worth $6,858,000. Graypoint LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 4.3% during the 4th quarter. Graypoint LLC now owns 131,461 shares of the company’s stock worth $5,602,000 after buying an additional 5,362 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 7.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 88,614 shares of the company’s stock valued at $3,848,000 after buying an additional 5,852 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.