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

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) shares saw an uptick in trading volume on Wednesday . 210,846 shares were traded during trading, an increase of 0% from the previous session’s volume of 210,613 shares.The stock last traded at $40.42 and had previously closed at $40.51.

FlexShares High Yield Value-Scored Bond Index Fund Trading Up 0.0 %

The business’s 50-day simple moving average is $40.45 and its 200-day simple moving average is $40.66.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HYGV. Horizon Bancorp Inc. IN acquired a new position in FlexShares High Yield Value-Scored Bond Index Fund during the 4th quarter valued at about $3,650,000. OLD Mission Capital LLC acquired a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 1st quarter valued at approximately $3,505,000. Fifth Third Securities Inc. raised its position 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 valued at $2,843,000 after acquiring an additional 21,523 shares during the period. First United Bank & Trust raised its position 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 valued at $911,000 after acquiring an additional 17,164 shares during the period. Finally, Keynote Financial Services LLC bought a new stake in FlexShares High Yield Value-Scored Bond Index Fund during the 1st quarter worth approximately $402,000.

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.