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 unusually-strong trading volume on Thursday . Approximately 312,119 shares changed hands during trading, an increase of 36% from the previous session’s volume of 230,279 shares.The stock last traded at $40.15 and had previously closed at $40.40.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

The firm’s 50 day moving average is $40.71 and its 200 day moving average is $40.33.

FlexShares High Yield Value-Scored Bond Index Fund Increases Dividend

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

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

Several hedge funds have recently bought and sold shares of the business. Avior Wealth Management LLC purchased a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund during the third quarter valued at approximately $25,000. Steph & Co. grew its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 47.2% during the third quarter. Steph & Co. now owns 1,200 shares of the company’s stock valued at $48,000 after buying an additional 385 shares during the last quarter. Trivant Custom Portfolio Group LLC purchased a new stake in FlexShares High Yield Value-Scored Bond Index Fund in the first quarter worth approximately $103,000. First United Bank & Trust purchased a new stake in FlexShares High Yield Value-Scored Bond Index Fund in the third quarter worth approximately $204,000. Finally, Triumph Capital Management boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 4.7% in the first quarter. Triumph Capital Management now owns 5,660 shares of the company’s stock worth $232,000 after purchasing an additional 252 shares during the last quarter.

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.