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 an uptick in trading volume on Tuesday . 511,212 shares traded hands during mid-day trading, a decline of 63% from the previous session’s volume of 1,380,891 shares.The stock last traded at $42.01 and had previously closed at $41.95.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Up 0.2 %

The company has a 50-day simple moving average of $42.14 and a 200 day simple moving average of $42.22.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 1st quarter worth approximately $116,000. Fairview Capital Investment Management LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 5.5% during the 1st quarter. Fairview Capital Investment Management LLC now owns 218,278 shares of the company’s stock worth $9,288,000 after purchasing an additional 11,430 shares in the last quarter. Share Andrew L. grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 52.0% during the 1st quarter. Share Andrew L. now owns 12,839 shares of the company’s stock worth $546,000 after purchasing an additional 4,391 shares in the last quarter. Leuthold Group LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 69.0% during the 1st quarter. Leuthold Group LLC now owns 128,392 shares of the company’s stock worth $5,463,000 after purchasing an additional 52,414 shares in the last quarter. Finally, Richardson Financial Services Inc. grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 16.0% during the 1st quarter. Richardson Financial Services Inc. now owns 37,268 shares of the company’s stock worth $1,586,000 after purchasing an additional 5,141 shares in the last quarter.

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.