FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Trading Down 0.3% – Time to Sell?

by · The Markets Daily

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV – Get Free Report) traded down 0.3% during mid-day trading on Monday . The company traded as low as $39.86 and last traded at $39.90. Approximately 173,107 shares traded hands during mid-day trading, an increase of 34% from the average session volume of 129,321 shares. The stock had previously closed at $40.04.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

The firm has a 50-day simple moving average of $40.13 and a 200 day simple moving average of $40.35.

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

Institutional investors have recently modified their holdings of the business. First United Bank & Trust raised its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 4.8% during the fourth quarter. First United Bank & Trust now owns 104,670 shares of the company’s stock worth $4,264,000 after purchasing an additional 4,769 shares in the last quarter. 49 Wealth Management LLC boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 20.7% in the 4th quarter. 49 Wealth Management LLC now owns 27,114 shares of the company’s stock valued at $1,104,000 after purchasing an additional 4,650 shares in the last quarter. Horizon Bancorp Inc. IN increased its position in FlexShares High Yield Value-Scored Bond Index Fund by 3.7% during the 1st quarter. Horizon Bancorp Inc. IN now owns 129,425 shares of the company’s stock worth $5,185,000 after purchasing an additional 4,634 shares during the period. Olde Wealth Management LLC increased its position in FlexShares High Yield Value-Scored Bond Index Fund by 2.7% during the 4th quarter. Olde Wealth Management LLC now owns 174,362 shares of the company’s stock worth $7,102,000 after purchasing an additional 4,559 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 300.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,839 shares of the company’s stock worth $199,000 after buying an additional 3,631 shares in the last quarter.

FlexShares High Yield Value-Scored Bond Index Fund Company Profile

(Get Free Report)

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.

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