FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sees Large Volume Increase – What’s Next?

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw strong trading volume on Thursday . 118,307 shares traded hands during mid-day trading, a decline of 24% from the previous session’s volume of 155,742 shares.The stock last traded at $40.7850 and had previously closed at $40.71.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The business has a fifty day moving average of $40.78 and a 200-day moving average of $40.80.

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

A number of institutional investors have recently modified their holdings of the business. Olde Wealth Management LLC purchased a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund during the 3rd quarter valued at $6,922,000. Rock Creek Group LP increased its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 567.9% during the 3rd quarter. Rock Creek Group LP now owns 51,960 shares of the company’s stock valued at $2,141,000 after purchasing an additional 44,180 shares during the last quarter. Park National Corp OH raised its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 61.2% during the 3rd quarter. Park National Corp OH now owns 103,572 shares of the company’s stock valued at $4,267,000 after buying an additional 39,304 shares during the last quarter. Horizon Bancorp Inc. IN boosted its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 15.6% during the third quarter. Horizon Bancorp Inc. IN now owns 126,408 shares of the company’s stock worth $5,208,000 after purchasing an additional 17,067 shares during the period. Finally, First United Bank & Trust lifted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 10.6% in the third quarter. First United Bank & Trust now owns 99,901 shares of the company’s stock worth $4,116,000 after acquiring an additional 9,551 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.