FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sees Unusually-High Trading Volume – Here’s Why

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw unusually-strong trading volume on Wednesday. 139,550 shares traded hands during trading, an increase of 9% from the average daily volume of 128,210 shares. The stock last traded at $38.4850 and had previously closed at $38.47.

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

The business has a 50-day moving average of $38.98 and a 200-day moving average of $39.96.

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

Large investors have recently made changes to their positions in the company. Harbour Investments Inc. bought a new position in FlexShares High Yield Value-Scored Bond Index Fund in the 3rd quarter valued at $81,000. Steph & Co. purchased a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund during the third quarter valued at approximately $137,000. Park National Corp OH purchased a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 3rd quarter worth approximately $3,098,000. Finally, CoreCap Advisors LLC lifted its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 45.6% in 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.

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.