iShares iBoxx High Yield Corporate Bond ETF Drops Below Key Average
Shares of the iShares iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) fell below the 200-day moving average of $79.17 on Monday. The shares traded as low as $78.98, marking a decline of about 0.5% for the day. The chart below illustrates HYG’s one-year performance compared to its 200-day moving average:
Currently, HYG’s 52-week low is $75.08, while the 52-week high stands at $80.37. The latest trade was at $79.15.
