FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Shares Down 0.2% – Here’s Why

Posted by Jeff Wilder on Dec 27th, 2024

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV – Get Free Report)’s stock price traded down 0.2% on Friday . The company traded as low as $40.62 and last traded at $40.64. 133,800 shares were traded during mid-day trading, a decline of 27% from the average session volume of 183,198 shares. The stock had previously closed at $40.72.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

The firm has a 50 day moving average price of $41.13 and a 200-day moving average price of $40.99.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Essex Savings Bank bought a new position in FlexShares High Yield Value-Scored Bond Index Fund during the third quarter valued at about $207,000. Clear Point Advisors Inc. grew its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 15.8% during the 2nd quarter. Clear Point Advisors Inc. now owns 15,326 shares of the company’s stock worth $619,000 after purchasing an additional 2,086 shares in the last quarter. Mount Lucas Management LP increased its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.7% during the third quarter. Mount Lucas Management LP now owns 43,329 shares of the company’s stock valued at $1,805,000 after purchasing an additional 1,930 shares during the period. First United Bank & Trust raised its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 9.0% in the third quarter. First United Bank & Trust now owns 62,630 shares of the company’s stock valued at $2,609,000 after purchasing an additional 5,157 shares in the last quarter. Finally, Horizon Bancorp Inc. IN lifted its position in FlexShares High Yield Value-Scored Bond Index Fund by 51.3% in the third quarter. Horizon Bancorp Inc. IN now owns 113,271 shares of the company’s stock worth $4,719,000 after purchasing an additional 38,387 shares during the period.

FlexShares High Yield Value-Scored Bond Index Fund Company Profile

(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.