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) saw unusually-strong trading volume on Monday . Approximately 67,498 shares changed hands during mid-day trading, a decline of 38% from the previous session’s volume of 109,448 shares.The stock last traded at $40.51 and had previously closed at $40.60.

FlexShares High Yield Value-Scored Bond Index Fund Stock Up 0.1 %

The stock has a 50 day simple moving average of $41.04 and a two-hundred day simple moving average of $41.02.

Institutional Investors Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Horizon Bancorp Inc. IN increased its stake in FlexShares High Yield Value-Scored Bond Index Fund by 3.2% in the fourth quarter. Horizon Bancorp Inc. IN now owns 116,864 shares of the company’s stock valued at $4,754,000 after purchasing an additional 3,593 shares during the last quarter. First United Bank & Trust lifted its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 9.0% during the 3rd quarter. First United Bank & Trust now owns 62,630 shares of the company’s stock worth $2,609,000 after buying an additional 5,157 shares during the last quarter. Mount Lucas Management LP grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.7% in the 3rd quarter. Mount Lucas Management LP now owns 43,329 shares of the company’s stock valued at $1,805,000 after buying an additional 1,930 shares during the last quarter. Clear Point Advisors Inc. grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 15.8% in the 2nd quarter. Clear Point Advisors Inc. now owns 15,326 shares of the company’s stock valued at $619,000 after buying an additional 2,086 shares during the last quarter. Finally, Steph & Co. raised its stake in FlexShares High Yield Value-Scored Bond Index Fund by 6.0% during the 4th quarter. Steph & Co. now owns 11,774 shares of the company’s stock worth $479,000 after acquiring an additional 662 shares in 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.