On Wednesday, shares of the iShares 5-10 Year Investment Grade Corporate Bond ETF (Symbol: IGIB) fell below their crucial 200-day moving average of $51.84. They traded as low as $51.78 per share. Overall, this marked a decrease of about 0.7% for the day. The following chart illustrates IGIB’s one-year performance alongside its 200-day moving average:
Analyzing the chart, IGIB’s lowest price in the past year has been $48.485, while its highest point reached $54.10, with the latest trade at $51.83.
Click here to explore other ETFs that have recently crossed below their 200-day moving average. »
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