FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Shares Up 0.2% – Should You Buy?

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) traded up 0.2% during trading on Wednesday . The company traded as high as $40.54 and last traded at $40.49. 90,676 shares changed hands during trading, a decline of 42% from the average session volume of 156,938 shares. The stock had previously closed at $40.41.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The stock’s 50-day moving average is $40.87 and its two-hundred day moving average is $40.87.

FlexShares High Yield Value-Scored Bond Index Fund Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, March 6th. Investors of record on Monday, March 2nd will be paid a dividend of $0.2261 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Monday, March 2nd.

Hedge Funds Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

Several hedge funds have recently bought and sold shares of the business. Sound Income Strategies LLC grew its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2,970.0% in the third quarter. Sound Income Strategies LLC now owns 614 shares of the company’s stock worth $25,000 after purchasing an additional 594 shares during the last quarter. Winnow Wealth LLC bought a new position in FlexShares High Yield Value-Scored Bond Index Fund in the third quarter worth approximately $34,000. JPMorgan Chase & Co. increased its holdings in 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 purchasing an additional 1,181 shares during the period. BNP Paribas Financial Markets raised its position in FlexShares High Yield Value-Scored Bond Index Fund by 1,293.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,814 shares of the company’s stock valued at $116,000 after purchasing an additional 2,612 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in FlexShares High Yield Value-Scored Bond Index Fund during the 3rd quarter valued at $151,000.

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.