iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Sets New 12-Month High at $80.34

iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) shares hit a new 52-week high during trading on Friday . The company traded as high as $80.34 and last traded at $80.31, with a volume of 11205248 shares trading hands. The stock had previously closed at $80.16.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.2 %

The company has a market capitalization of $15.33 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. The company has a 50 day moving average price of $78.94 and a 200 day moving average price of $77.74.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Allstate Corp lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 6.0% in the first quarter. Allstate Corp now owns 1,581,525 shares of the exchange traded fund’s stock valued at $122,932,000 after buying an additional 89,667 shares during the period. iA Global Asset Management Inc. lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.5% in the 2nd quarter. iA Global Asset Management Inc. now owns 1,464,126 shares of the exchange traded fund’s stock valued at $112,943,000 after purchasing an additional 7,093 shares during the period. Toronto Dominion Bank boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 528.9% in the 2nd quarter. Toronto Dominion Bank now owns 682,340 shares of the exchange traded fund’s stock worth $52,636,000 after purchasing an additional 573,840 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 9,507.1% during the second quarter. SG Americas Securities LLC now owns 504,755 shares of the exchange traded fund’s stock worth $38,937,000 after purchasing an additional 499,501 shares during the period. Finally, Stairway Partners LLC increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 3.3% in the second quarter. Stairway Partners LLC now owns 249,904 shares of the exchange traded fund’s stock valued at $19,278,000 after purchasing an additional 7,870 shares during 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.