FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sees Strong Trading Volume

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw unusually-strong trading volume on Monday . Approximately 450,059 shares were traded during trading, an increase of 136% from the previous session’s volume of 190,473 shares.The stock last traded at $41.13 and had previously closed at $41.07.

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

The company’s 50 day moving average price is $40.84 and its 200-day moving average price is $40.67.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Steph & Co. lifted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 91.1% during the first quarter. Steph & Co. now owns 2,293 shares of the company’s stock valued at $94,000 after buying an additional 1,093 shares in the last quarter. Trivant Custom Portfolio Group LLC acquired a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund during the first quarter valued at approximately $103,000. Triumph Capital Management grew its position in FlexShares High Yield Value-Scored Bond Index Fund by 4.7% during the 1st quarter. Triumph Capital Management now owns 5,660 shares of the company’s stock worth $232,000 after purchasing an additional 252 shares in the last quarter. Keynote Financial Services LLC purchased a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the first quarter valued at $402,000. Finally, Clear Point Advisors Inc. boosted its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.8% in the first quarter. Clear Point Advisors Inc. now owns 13,240 shares of the company’s stock worth $544,000 after buying an additional 359 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.