FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Stock Price Down 0.3% – Here’s What Happened

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) dropped 0.3% on Tuesday . The stock traded as low as $40.38 and last traded at $40.38. Approximately 201,299 shares were traded during trading, an increase of 8% from the average daily volume of 186,749 shares. The stock had previously closed at $40.51.

FlexShares High Yield Value-Scored Bond Index Fund Trading Down 0.2 %

The business’s fifty day simple moving average is $40.92 and its two-hundred day simple moving average is $41.08.

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

Several institutional investors have recently modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new stake in FlexShares High Yield Value-Scored Bond Index Fund in the fourth quarter valued at approximately $76,000. Lee Danner & Bass Inc. acquired a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund during the fourth quarter valued at approximately $102,000. Steph & Co. boosted its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 6.0% during the 4th quarter. Steph & Co. now owns 11,774 shares of the company’s stock valued at $479,000 after purchasing an additional 662 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 12.0% in the 4th quarter. Baird Financial Group Inc. now owns 19,266 shares of the company’s stock valued at $784,000 after acquiring an additional 2,058 shares in the last quarter. Finally, Mount Lucas Management LP boosted its position in FlexShares High Yield Value-Scored Bond Index Fund by 3.6% during the 4th quarter. Mount Lucas Management LP now owns 44,889 shares of the company’s stock worth $1,826,000 after acquiring an additional 1,560 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.