FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Trading Up 0.4% – Here’s What Happened

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) traded up 0.4% on Wednesday . The company traded as high as $40.09 and last traded at $40.02. 84,984 shares were traded during trading, a decline of 43% from the average session volume of 150,363 shares. The stock had previously closed at $39.87.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The company has a 50 day simple moving average of $40.61 and a 200-day simple moving average of $40.78.

FlexShares High Yield Value-Scored Bond Index Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a dividend of $0.2261 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 6.8%.

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

Several hedge funds have recently added to or reduced their stakes in the business. Olde Wealth Management LLC boosted its position in FlexShares High Yield Value-Scored Bond Index Fund by 2.7% during the fourth quarter. Olde Wealth Management LLC now owns 174,362 shares of the company’s stock valued at $7,102,000 after buying an additional 4,559 shares during the period. Horizon Bancorp Inc. IN lifted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 15.6% in the 3rd 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 last quarter. Park National Corp OH lifted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.7% in the 4th quarter. Park National Corp OH now owns 106,395 shares of the company’s stock valued at $4,334,000 after acquiring an additional 2,823 shares during the last quarter. First United Bank & Trust boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 4.8% during the 4th quarter. First United Bank & Trust now owns 104,670 shares of the company’s stock valued at $4,264,000 after acquiring an additional 4,769 shares during the period. Finally, Rock Creek Group LP boosted its holdings in 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 acquiring an additional 44,180 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.