FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sees Strong Trading Volume – Here’s What Happened

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) shares saw unusually-strong trading volume on Thursday . Approximately 118,307 shares changed hands during mid-day trading, a decline of 24% from the previous session’s volume of 155,742 shares.The stock last traded at $40.7850 and had previously closed at $40.71.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

The stock’s fifty day moving average is $40.78 and its 200-day moving average is $40.80.

Institutional Trading of FlexShares High Yield Value-Scored Bond Index Fund

Large investors have recently made changes to their positions in the company. RVW Wealth LLC raised its stake in FlexShares High Yield Value-Scored Bond Index Fund by 3.2% during the 2nd quarter. RVW Wealth LLC now owns 8,887 shares of the company’s stock worth $365,000 after buying an additional 273 shares during the period. 49 Wealth Management LLC raised its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.0% during the second quarter. 49 Wealth Management LLC now owns 22,663 shares of the company’s stock worth $930,000 after purchasing an additional 435 shares during the period. Sound Income Strategies LLC raised its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2,970.0% during the third quarter. Sound Income Strategies LLC now owns 614 shares of the company’s stock worth $25,000 after purchasing an additional 594 shares during the period. Winnow Wealth LLC bought a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund during the 3rd quarter valued at about $34,000. Finally, Baird Financial Group Inc. grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 5.9% in the 1st quarter. Baird Financial Group Inc. now owns 20,394 shares of the company’s stock valued at $824,000 after purchasing an additional 1,128 shares during the period.

FlexShares High Yield Value-Scored Bond Index Fund Company Profile

The FlexShares High Yield Value-Scored Bond Index Fund (HYGV) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a proprietary fundamental-weighted index of USD-denominated high-yield corporate bonds selected based on value, credit, and liquidity. HYGV was launched on Jul 17, 2018 and is managed by FlexShares.