iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGI) Stock Cross Above Fifty Day Moving Average – Here’s Why

Shares of iShares Inflation Hedged High Yield Bond ETF (NYSEARCA:HYGIGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $26.83 and traded as high as $26.94. iShares Inflation Hedged High Yield Bond ETF shares last traded at $26.90, with a volume of 253 shares changing hands.

iShares Inflation Hedged High Yield Bond ETF Trading Up 0.1 %

The company has a fifty day moving average of $26.83 and a 200-day moving average of $26.50.

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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