FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Trading Up 0.2% – Here’s What Happened

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) shot up 0.2% on Tuesday . The company traded as high as $41.25 and last traded at $41.23. 129,066 shares traded hands during trading, a decline of 29% from the average session volume of 181,640 shares. The stock had previously closed at $41.16.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The business has a fifty day simple moving average of $41.26 and a 200-day simple moving average of $40.87.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in HYGV. OLD Mission Capital LLC bought a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the first quarter worth $3,505,000. Horizon Bancorp Inc. IN grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 51.3% in the 3rd quarter. Horizon Bancorp Inc. IN now owns 113,271 shares of the company’s stock valued at $4,719,000 after buying an additional 38,387 shares during the last quarter. Keynote Financial Services LLC acquired a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the first quarter valued at about $402,000. First United Bank & Trust raised its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 9.0% during the third quarter. First United Bank & Trust now owns 62,630 shares of the company’s stock worth $2,609,000 after acquiring an additional 5,157 shares during the last quarter. Finally, Essex Savings Bank bought a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund during the third quarter worth about $207,000.

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.