FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Shares Up 0.1% – Time to Buy?

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) traded up 0.1% during mid-day trading on Monday . The stock traded as high as $40.20 and last traded at $40.18. 58,880 shares changed hands during trading, a decline of 53% from the average session volume of 125,738 shares. The stock had previously closed at $40.15.

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

The business has a fifty day moving average price of $40.11 and a 200-day moving average price of $40.25.

Institutional Trading of FlexShares High Yield Value-Scored Bond Index Fund

Several hedge funds have recently added to or reduced their stakes in HYGV. JPMorgan Chase & Co. boosted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock valued at $50,000 after purchasing an additional 1,181 shares during the period. CoreCap Advisors LLC lifted its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 45.6% during the second quarter. CoreCap Advisors LLC now owns 2,077 shares of the company’s stock worth $84,000 after buying an additional 650 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 1,293.1% during the third quarter. BNP Paribas Financial Markets now owns 2,814 shares of the company’s stock worth $116,000 after buying an additional 2,612 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 12.0% in the second quarter. Baird Financial Group Inc. now owns 22,851 shares of the company’s stock valued at $938,000 after acquiring an additional 2,457 shares during the period. Finally, 49 Wealth Management LLC boosted its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 20.7% in the fourth quarter. 49 Wealth Management LLC now owns 27,114 shares of the company’s stock valued at $1,104,000 after acquiring an additional 4,650 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.