iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI) Shares Up 0.1%

Shares of iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGIGet Free Report) shot up 0.1% during trading on Thursday . The company traded as high as $26.45 and last traded at $26.45. 1,246 shares were traded during mid-day trading, an increase of 355% from the average session volume of 274 shares. The stock had previously closed at $26.42.

iShares Inflation Hedged High Yield Bond ETF Price Performance

The stock has a 50 day moving average of $26.32 and a 200 day moving average of $26.15.

About iShares Inflation Hedged High Yield Bond ETF

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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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