FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Shares Down 0.3% – What’s Next?

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) were down 0.3% during mid-day trading on Monday . The stock traded as low as $39.86 and last traded at $39.90. 173,107 shares changed hands during trading, an increase of 34% from the average daily volume of 129,321 shares. The stock had previously closed at $40.04.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The firm has a 50-day moving average price of $40.13 and a 200 day moving average price of $40.34.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HYGV. JPMorgan Chase & Co. lifted its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% during the second quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock worth $50,000 after buying an additional 1,181 shares in the last quarter. CoreCap Advisors LLC raised its stake in FlexShares High Yield Value-Scored Bond Index Fund by 45.6% in the 2nd quarter. CoreCap Advisors LLC now owns 2,077 shares of the company’s stock worth $84,000 after purchasing an additional 650 shares in the last quarter. BNP Paribas Financial Markets raised its stake in FlexShares High Yield Value-Scored Bond Index Fund by 1,293.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,814 shares of the company’s stock worth $116,000 after purchasing an additional 2,612 shares in the last quarter. Transcend Capital Advisors LLC boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 4.4% in the 4th quarter. Transcend Capital Advisors LLC now owns 15,796 shares of the company’s stock valued at $643,000 after purchasing an additional 662 shares during the period. Finally, Baird Financial Group Inc. boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 12.0% in the 2nd quarter. Baird Financial Group Inc. now owns 22,851 shares of the company’s stock valued at $938,000 after purchasing an additional 2,457 shares during the period.

About FlexShares High Yield Value-Scored Bond Index Fund

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.