FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Stock Price Down 0.7% – Time to Sell?

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) shares fell 0.7% during mid-day trading on Monday . The company traded as low as $40.68 and last traded at $40.88. 393,835 shares changed hands during trading, an increase of 139% from the average session volume of 165,087 shares. The stock had previously closed at $41.17.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The company’s fifty day moving average is $41.01 and its 200 day moving average is $41.08.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Steph & Co. lifted its position in FlexShares High Yield Value-Scored Bond Index Fund by 6.0% during the 4th quarter. Steph & Co. now owns 11,774 shares of the company’s stock worth $479,000 after acquiring an additional 662 shares in the last quarter. Mount Lucas Management LP raised its stake 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. Horizon Bancorp Inc. IN lifted its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 3.2% during the fourth quarter. Horizon Bancorp Inc. IN now owns 116,864 shares of the company’s stock worth $4,754,000 after purchasing an additional 3,593 shares in the last quarter. Essex Savings Bank purchased a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund in the third quarter valued at $207,000. Finally, First United Bank & Trust grew its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 9.0% during the 3rd 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.

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.