FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sets New 12-Month Low – Here’s What Happened

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) reached a new 52-week low on Monday . The company traded as low as $39.50 and last traded at $39.5150, with a volume of 10965 shares traded. The stock had previously closed at $39.61.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The firm has a 50-day moving average price of $40.02 and a 200-day moving average price of $40.15.

Hedge Funds Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

A number of institutional investors have recently added to or reduced their stakes in the company. Horizon Bancorp Inc. IN lifted its position in FlexShares High Yield Value-Scored Bond Index Fund by 3.7% during the first quarter. Horizon Bancorp Inc. IN now owns 129,425 shares of the company’s stock valued at $5,185,000 after buying an additional 4,634 shares during the period. First United Bank & Trust grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.3% in the 1st quarter. First United Bank & Trust now owns 107,078 shares of the company’s stock worth $4,290,000 after buying an additional 2,408 shares during the period. Finally, CoreCap Advisors LLC grew its position in shares of 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 buying an additional 650 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.