iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Sees Large Volume Increase

Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) saw unusually-strong trading volume on Wednesday . Approximately 2,453,246 shares traded hands during mid-day trading, an increase of 66% from the previous session’s volume of 1,479,178 shares.The stock last traded at $41.70 and had previously closed at $41.64.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.1 %

The business has a fifty day simple moving average of $42.26 and a two-hundred day simple moving average of $41.81.

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

A number of hedge funds have recently bought and sold shares of the stock. Captrust Financial Advisors lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 4.5% during the second quarter. Captrust Financial Advisors now owns 12,753 shares of the company’s stock worth $529,000 after buying an additional 547 shares during the period. Sierra Capital LLC grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 1.8% during the 3rd quarter. Sierra Capital LLC now owns 32,224 shares of the company’s stock worth $1,322,000 after purchasing an additional 556 shares during the period. Retirement Group LLC grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 18.2% during the 2nd quarter. Retirement Group LLC now owns 3,750 shares of the company’s stock worth $155,000 after purchasing an additional 577 shares during the period. One Capital Management LLC grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1.0% during the 3rd quarter. One Capital Management LLC now owns 69,567 shares of the company’s stock valued at $2,854,000 after acquiring an additional 696 shares during the period. Finally, S. R. Schill & Associates grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1.4% during the 1st quarter. S. R. Schill & Associates now owns 54,320 shares of the company’s stock valued at $2,311,000 after acquiring an additional 740 shares during the period.

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.