FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sees Unusually-High Trading Volume – Time to Buy?

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) shares saw unusually-high trading volume on Tuesday . Approximately 127,641 shares traded hands during mid-day trading, an increase of 26% from the previous session’s volume of 101,031 shares.The stock last traded at $40.9550 and had previously closed at $40.96.

FlexShares High Yield Value-Scored Bond Index Fund Trading Up 0.0%

The business’s 50-day moving average is $40.75 and its 200-day moving average is $40.84.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. RVW Wealth LLC boosted its position in FlexShares High Yield Value-Scored Bond Index Fund by 3.2% in the 2nd quarter. RVW Wealth LLC now owns 8,887 shares of the company’s stock worth $365,000 after purchasing an additional 273 shares in the last quarter. Steph & Co. boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 30.1% during the second quarter. Steph & Co. now owns 13,408 shares of the company’s stock worth $550,000 after buying an additional 3,104 shares in the last quarter. Transcend Capital Advisors LLC grew its position in FlexShares High Yield Value-Scored Bond Index Fund by 11.9% during the second quarter. Transcend Capital Advisors LLC now owns 14,985 shares of the company’s stock valued at $615,000 after buying an additional 1,591 shares during the period. 49 Wealth Management LLC raised its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.0% in the second quarter. 49 Wealth Management LLC now owns 22,663 shares of the company’s stock worth $930,000 after acquiring an additional 435 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock worth $50,000 after acquiring an additional 1,181 shares in the last quarter.

About FlexShares High Yield Value-Scored Bond Index Fund

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.