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

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

iShares 0-5 Year High Yield Corporate Bond ETF Price Performance

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

Hedge Funds Weigh In On iShares 0-5 Year High Yield Corporate Bond ETF

Institutional investors have recently bought and sold shares of the stock. One Capital Management LLC lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.9% during the 2nd quarter. One Capital Management LLC now owns 81,019 shares of the company’s stock worth $3,419,000 after purchasing an additional 3,011 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 46.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,055 shares of the company’s stock worth $173,000 after buying an additional 1,282 shares during the period. Sunbelt Securities Inc. lifted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 8.6% during the second quarter. Sunbelt Securities Inc. now owns 46,253 shares of the company’s stock worth $1,952,000 after buying an additional 3,656 shares during the last quarter. RiverFront Investment Group LLC boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 26.1% in the second quarter. RiverFront Investment Group LLC now owns 211,365 shares of the company’s stock valued at $8,920,000 after acquiring an additional 43,794 shares during the period. Finally, American Trust bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter valued at approximately $2,747,000.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.