Significant Outflows in SHYG ETF

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The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) experienced a significant outflow of approximately $137.2 million, marking a 1.7% decrease in shares outstanding week over week, from 183.8 million to 180.6 million.

Currently, SHYG’s share price stands at $42.91, with its 52-week range between $40.38 and $43.39. The ETF’s performance can also be assessed against its 200-day moving average.

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