FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sets New 12-Month High at $41.37

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $41.37 and last traded at $41.37, with a volume of 82635 shares changing hands. The stock had previously closed at $41.33.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

The stock has a 50-day moving average of $40.95 and a 200-day moving average of $40.69.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Steph & Co. boosted its position in FlexShares High Yield Value-Scored Bond Index Fund by 91.1% during the 1st quarter. Steph & Co. now owns 2,293 shares of the company’s stock valued at $94,000 after purchasing an additional 1,093 shares during the period. Trivant Custom Portfolio Group LLC acquired a new position in FlexShares High Yield Value-Scored Bond Index Fund during the 1st quarter worth $103,000. Triumph Capital Management boosted 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 acquiring an additional 252 shares during the period. Keynote Financial Services LLC acquired a new position in FlexShares High Yield Value-Scored Bond Index Fund during the 1st quarter worth $402,000. Finally, Clear Point Advisors Inc. boosted its position in FlexShares High Yield Value-Scored Bond Index Fund by 2.8% during the 1st quarter. Clear Point Advisors Inc. now owns 13,240 shares of the company’s stock worth $544,000 after acquiring 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.