|Bid||37.3500 x 22200|
|Ask||37.3600 x 93600|
|Day's Range||37.3034 - 37.3650|
|52 Week Range||35.0500 - 37.4100|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
Right now, waiting for the junk bond market to back up a bit before buying might be a losing strategy.
Just as stocks are reaching new highs, so are junk bond indices. The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is now trading close to $89, a new 52-week high. Thomas Byrne of Wealth Strategies & Management writes Wednesday: Folks, in my opinion, high yield is rich, as an asset class.
Todd Rosenbluth is director of ETF and mutual fund research at CFRA. In early June, after traveling throughout the U.S., People magazine published a double-digit list of best new summer ice cream flavors from a variety of purveyors. Unfortunately, I have not independently taste-tested them.