Shares of iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI – Get Free Report) dropped 0% on Friday. The stock traded as low as $27.31 and last traded at $27.31. Approximately 256 shares changed hands during trading, a decline of 89% from the average daily volume of 2,298 shares. The stock had previously closed at $27.32.
iShares Inflation Hedged High Yield Bond ETF Price Performance
The stock has a fifty day moving average of $27.31 and a 200 day moving average of $27.31. The stock has a market cap of $5.46 million, a price-to-earnings ratio of 10.82 and a beta of -0.70.
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. HYGI was launched on Jun 22, 2022 and is managed by BlackRock.
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