FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Stock Price Up 0.4% – Time to Buy?

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) traded up 0.4% on Wednesday . The stock traded as high as $40.09 and last traded at $40.02. 84,984 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 150,363 shares. The stock had previously closed at $39.87.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

The firm has a 50-day moving average price of $40.64 and a 200-day moving average price of $40.79.

FlexShares High Yield Value-Scored Bond Index Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a dividend of $0.2261 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.8%.

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

Several hedge funds have recently added to or reduced their stakes in HYGV. Olde Wealth Management LLC boosted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 2.7% in the fourth quarter. Olde Wealth Management LLC now owns 174,362 shares of the company’s stock valued at $7,102,000 after acquiring an additional 4,559 shares during the last quarter. 49 Wealth Management LLC raised its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 20.7% in the 4th quarter. 49 Wealth Management LLC now owns 27,114 shares of the company’s stock worth $1,104,000 after purchasing an additional 4,650 shares during the period. Transcend Capital Advisors LLC raised its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.4% in the 4th quarter. Transcend Capital Advisors LLC now owns 15,796 shares of the company’s stock worth $643,000 after purchasing an additional 662 shares during the period. First United Bank & Trust lifted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 4.8% in the fourth quarter. First United Bank & Trust now owns 104,670 shares of the company’s stock valued at $4,264,000 after purchasing an additional 4,769 shares during the last quarter. Finally, Park National Corp OH grew its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 2.7% during the fourth quarter. Park National Corp OH now owns 106,395 shares of the company’s stock valued at $4,334,000 after purchasing an additional 2,823 shares during the period.

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.