FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Trading 0.1% Higher – What’s Next?

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV)’s share price were up 0.1% on Monday . The company traded as high as $40.20 and last traded at $40.18. Approximately 58,880 shares changed hands during trading, a decline of 53% from the average daily volume of 125,738 shares. The stock had previously closed at $40.15.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The stock has a 50-day moving average price of $40.11 and a 200 day moving average price of $40.25.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Olde Wealth Management LLC increased its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.7% during the 4th quarter. Olde Wealth Management LLC now owns 174,362 shares of the company’s stock valued at $7,102,000 after acquiring an additional 4,559 shares during the last quarter. Horizon Bancorp Inc. IN boosted its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 3.7% in the first quarter. Horizon Bancorp Inc. IN now owns 129,425 shares of the company’s stock worth $5,185,000 after acquiring an additional 4,634 shares during the last quarter. First United Bank & Trust grew its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 2.3% in the first quarter. First United Bank & Trust now owns 107,078 shares of the company’s stock valued at $4,290,000 after purchasing an additional 2,408 shares during the period. 49 Wealth Management LLC grew its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 20.7% in the fourth quarter. 49 Wealth Management LLC now owns 27,114 shares of the company’s stock valued at $1,104,000 after purchasing an additional 4,650 shares during the period. Finally, Baird Financial Group Inc. increased its position in FlexShares High Yield Value-Scored Bond Index Fund by 12.0% during the second quarter. Baird Financial Group Inc. now owns 22,851 shares of the company’s stock worth $938,000 after purchasing an additional 2,457 shares during the last quarter.

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.