iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI) Trading at $27.31

iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI – Get Free Report) traded down 0% during mid-day trading on Friday. The company traded as low as $27.31 and last traded at $27.31. Approximately 256 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 2,298 shares. The stock had previously closed at $27.32.

iShares Inflation Hedged High Yield Bond ETF Stock Down 0.0%

The firm has a market capitalization of $5.46 million, a price-to-earnings ratio of 10.82 and a beta of -0.70. The company’s 50 day moving average price is $27.31 and its 200 day moving average price is $27.31.

iShares Inflation Hedged High Yield Bond ETF Company Profile

(Get Free Report)

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. HYGI was launched on Jun 22, 2022 and is managed by BlackRock.

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