iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) Trading 0% Higher – What’s Next?

Shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) traded up 0% during trading on Monday . The company traded as high as $86.55 and last traded at $86.47. Approximately 42,405 shares changed hands during trading, a decline of 34% from the average session volume of 64,460 shares. The stock had previously closed at $86.46.

iShares Interest Rate Hedged High Yield Bond ETF Stock Performance

The company has a market capitalization of $596.64 million, a PE ratio of 10.74 and a beta of 0.27. The business’s 50-day moving average is $86.46 and its 200-day moving average is $86.27.

Hedge Funds Weigh In On iShares Interest Rate Hedged High Yield Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the third quarter valued at approximately $58,000. Anfield Capital Management LLC grew its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 39.1% in the 4th quarter. Anfield Capital Management LLC now owns 1,971 shares of the company’s stock worth $170,000 after buying an additional 554 shares during the last quarter. OxenFree Capital LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 1st quarter valued at approximately $202,000. Van Diest Capital LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter valued at approximately $210,000. Finally, Strategic Blueprint LLC purchased a new position in iShares Interest Rate Hedged High Yield Bond ETF during the fourth quarter valued at $212,000.

iShares Interest Rate Hedged High Yield Bond ETF Company Profile

The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) 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) that targets USD-denominated corporate high-yield bonds while mitigating interest-rate risk. HYGH was launched on May 27, 2014 and is managed by BlackRock.