iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) Sees Strong Trading Volume – What’s Next?

iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) shares saw unusually-high trading volume on Friday . 85,212 shares were traded during mid-day trading, an increase of 34% from the previous session’s volume of 63,483 shares.The stock last traded at $86.48 and had previously closed at $86.41.

iShares Interest Rate Hedged High Yield Bond ETF Trading Down 0.0%

The stock’s 50-day moving average price is $86.51 and its 200-day moving average price is $86.26. The company has a market capitalization of $596.16 million, a P/E ratio of 10.74 and a beta of 0.27.

Institutional Investors Weigh In On iShares Interest Rate Hedged High Yield Bond ETF

Several large investors have recently made changes to their positions in HYGH. Advisory Services Network LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF in the 3rd quarter worth approximately $58,000. Anfield Capital Management LLC raised its stake in iShares Interest Rate Hedged High Yield Bond ETF by 39.1% during the 4th quarter. Anfield Capital Management LLC now owns 1,971 shares of the company’s stock valued at $170,000 after acquiring an additional 554 shares in the last quarter. OxenFree Capital LLC acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 1st quarter worth $202,000. Van Diest Capital LLC acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter worth $210,000. Finally, Sigma Planning Corp bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the fourth quarter worth $221,000.

iShares Interest Rate Hedged High Yield Bond ETF Company Profile

The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) 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) that targets USD-denominated corporate high-yield bonds while mitigating interest-rate risk. HYGH was launched on May 27, 2014 and is managed by BlackRock.