FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Stock Price Up 0.1% – Here’s Why

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGVGet Free Report) shares shot up 0.1% during trading on Thursday . The stock traded as high as $40.93 and last traded at $40.93. 113,324 shares traded hands during trading, an increase of 27% from the average session volume of 89,565 shares. The stock had previously closed at $40.89.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The business has a 50-day simple moving average of $40.74 and a 200 day simple moving average of $40.84.

Institutional Investors Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

Several institutional investors and hedge funds have recently made changes to their positions in the business. Sound Income Strategies LLC grew its position in FlexShares High Yield Value-Scored Bond Index Fund by 2,970.0% in the 3rd quarter. Sound Income Strategies LLC now owns 614 shares of the company’s stock valued at $25,000 after purchasing an additional 594 shares during the period. Winnow Wealth LLC bought a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund in the third quarter valued at $34,000. JPMorgan Chase & Co. lifted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% in the second quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock valued at $50,000 after buying an additional 1,181 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 1,293.1% during the third quarter. BNP Paribas Financial Markets now owns 2,814 shares of the company’s stock valued at $116,000 after buying an additional 2,612 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund during the third quarter worth about $151,000.

About FlexShares High Yield Value-Scored Bond Index Fund

(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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