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

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw an uptick in trading volume on Monday . 125,976 shares were traded during mid-day trading, a decline of 11% from the previous session’s volume of 141,718 shares.The stock last traded at $40.0950 and had previously closed at $40.44.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The stock’s fifty day simple moving average is $40.22 and its 200-day simple moving average is $40.56.

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

Several large investors have recently modified their holdings of the business. Transcend Capital Advisors LLC grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.4% in the fourth quarter. Transcend Capital Advisors LLC now owns 15,796 shares of the company’s stock valued at $643,000 after purchasing an additional 662 shares during the last quarter. Winnow Wealth LLC acquired a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the third quarter valued at approximately $34,000. JPMorgan Chase & Co. grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% in the second quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock valued at $50,000 after purchasing an additional 1,181 shares during the last quarter. Mount Lucas Management LP grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.6% in the third quarter. Mount Lucas Management LP now owns 46,606 shares of the company’s stock valued at $1,920,000 after purchasing an additional 2,042 shares during the last quarter. Finally, First United Bank & Trust grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.3% in the first quarter. First United Bank & Trust now owns 107,078 shares of the company’s stock valued at $4,290,000 after purchasing an additional 2,408 shares during 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.