FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Trading 0% Higher – Here’s Why

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV)’s share price were up 0% during trading on Friday . The company traded as high as $41.08 and last traded at $41.04. Approximately 70,803 shares were traded during trading, a decline of 55% from the average daily volume of 158,782 shares. The stock had previously closed at $41.03.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

The firm has a fifty day simple moving average of $40.87 and a two-hundred day simple moving average of $40.76.

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

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