FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Shares Up 0.2%

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) shares shot up 0.2% during trading on Wednesday . The company traded as high as $40.66 and last traded at $40.46. 89,216 shares changed hands during trading, a decline of 55% from the average session volume of 197,143 shares. The stock had previously closed at $40.39.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The company’s 50-day simple moving average is $40.54 and its 200 day simple moving average is $40.63.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Horizon Bancorp Inc. IN increased its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 10.3% in the 1st quarter. Horizon Bancorp Inc. IN now owns 98,489 shares of the company’s stock valued at $4,049,000 after buying an additional 9,184 shares during the period. OLD Mission Capital LLC bought a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 1st quarter worth about $3,505,000. Fifth Third Securities Inc. grew its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 45.2% in the 1st quarter. Fifth Third Securities Inc. now owns 69,166 shares of the company’s stock worth $2,843,000 after purchasing an additional 21,523 shares during the last quarter. First United Bank & Trust grew its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 334.1% in the 4th quarter. First United Bank & Trust now owns 22,301 shares of the company’s stock worth $911,000 after purchasing an additional 17,164 shares during the last quarter. Finally, Clear Point Advisors Inc. grew its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.8% in the 1st quarter. Clear Point Advisors Inc. now owns 13,240 shares of the company’s stock worth $544,000 after purchasing an additional 359 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.