iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Reaches New 12-Month High at $79.49

iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) shares hit a new 52-week high on Thursday . The stock traded as high as $79.49 and last traded at $79.46, with a volume of 16408555 shares. The stock had previously closed at $79.30.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.1 %

The company has a market capitalization of $15.15 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. The stock’s fifty day simple moving average is $78.41 and its 200-day simple moving average is $77.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Anfield Capital Management LLC increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 46.7% in the 2nd quarter. Anfield Capital Management LLC now owns 465 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 148 shares during the last quarter. Redmont Wealth Advisors LLC increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 1.6% in the second quarter. Redmont Wealth Advisors LLC now owns 13,695 shares of the exchange traded fund’s stock valued at $1,056,000 after buying an additional 219 shares during the last quarter. Citizens & Northern Corp raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 3.5% in the second quarter. Citizens & Northern Corp now owns 7,686 shares of the exchange traded fund’s stock valued at $593,000 after buying an additional 258 shares in the last quarter. American National Bank lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 57.7% during the 1st quarter. American National Bank now owns 836 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 306 shares during the last quarter. Finally, Rosenberg Matthew Hamilton boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock worth $76,000 after acquiring an additional 334 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Company Profile

iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.