FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sees Unusually-High Trading Volume

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw an uptick in trading volume on Tuesday . 316,683 shares changed hands during trading, an increase of 56% from the previous session’s volume of 202,744 shares.The stock last traded at $40.00 and had previously closed at $40.08.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The stock’s 50-day moving average is $40.80 and its 200 day moving average is $40.28.

FlexShares High Yield Value-Scored Bond Index Fund Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.3101 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from FlexShares High Yield Value-Scored Bond Index Fund’s previous dividend of $0.29.

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

A number of large investors have recently made changes to their positions in HYGV. United Capital Financial Advisers LLC bought a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 2nd quarter valued at $546,000. Sunbelt Securities Inc. bought a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 2nd quarter valued at $147,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 3rd quarter valued at $50,000. Fifth Third Securities Inc. boosted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 9.9% in the 3rd quarter. Fifth Third Securities Inc. now owns 44,972 shares of the company’s stock worth $1,788,000 after purchasing an additional 4,054 shares during the period. Finally, Avior Wealth Management LLC acquired a new position in FlexShares High Yield Value-Scored Bond Index Fund in the 3rd quarter worth $25,000.

About FlexShares High Yield Value-Scored Bond Index Fund

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.