iShares Corporate Bond ETF Surpasses Key 200-Day Moving Average
In trading on Wednesday, shares of the iShares Broad USD Investment Grade Corporate Bond ETF (Symbol: USIG) rose above their 200-day moving average of $51.10, reaching a peak of $51.20 per share. Currently, iShares Broad USD Investment Grade Corporate Bond shares are up approximately 0.5% on the day. The chart below illustrates the one-year performance of USIG shares in relation to the 200-day moving average:
The chart indicates that USIG’s lowest point in the 52-week range is $49.075 per share, while its 52-week high stands at $52.935. This is notable as the last trade recorded was $51.16.
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