FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Trading Down 0.4% – Here’s What Happened

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) traded down 0.4% during trading on Monday . The company traded as low as $41.07 and last traded at $41.08. 200,389 shares were traded during trading, an increase of 8% from the average session volume of 185,962 shares. The stock had previously closed at $41.26.

FlexShares High Yield Value-Scored Bond Index Fund Stock Down 0.4 %

The stock’s fifty day moving average is $41.13 and its two-hundred day moving average is $40.73.

Hedge Funds Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

Several institutional investors have recently bought and sold shares of HYGV. Steph & Co. increased its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 91.1% in the first quarter. Steph & Co. now owns 2,293 shares of the company’s stock worth $94,000 after purchasing an additional 1,093 shares in the last quarter. Trivant Custom Portfolio Group LLC bought a new stake in FlexShares High Yield Value-Scored Bond Index Fund during the 1st quarter valued at $103,000. Keynote Financial Services LLC purchased a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund during the first quarter worth $402,000. Clear Point Advisors Inc. boosted its holdings 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 acquiring an additional 359 shares during the period. Finally, Fifth Third Securities Inc. grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 45.2% in the first quarter. Fifth Third Securities Inc. now owns 69,166 shares of the company’s stock valued at $2,843,000 after purchasing an additional 21,523 shares in the last quarter.

About FlexShares High Yield Value-Scored Bond Index Fund

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.