iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI – Get Free Report)’s share price dropped 0.3% during trading on Monday . The stock traded as low as $26.78 and last traded at $26.78. Approximately 449 shares traded hands during trading, an increase of 55% from the average daily volume of 290 shares. The stock had previously closed at $26.87.
iShares Inflation Hedged High Yield Bond ETF Stock Performance
The firm has a 50-day moving average of $26.68 and a 200 day moving average of $26.32.
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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