FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Reaches New 12-Month Low – Here’s What Happened

Shares of FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGVGet Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as $39.63 and last traded at $39.77, with a volume of 237694 shares changing hands. The stock had previously closed at $40.28.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The stock’s 50-day moving average price is $40.84 and its two-hundred day moving average price is $41.03.

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

Several large investors have recently made changes to their positions in HYGV. Cullen Frost Bankers Inc. purchased a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 4th quarter worth approximately $76,000. Lee Danner & Bass Inc. bought a new stake in FlexShares High Yield Value-Scored Bond Index Fund in the fourth quarter worth $102,000. Steph & Co. grew its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 6.0% in the fourth quarter. Steph & Co. now owns 11,774 shares of the company’s stock worth $479,000 after acquiring an additional 662 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 12.0% in the fourth quarter. Baird Financial Group Inc. now owns 19,266 shares of the company’s stock worth $784,000 after acquiring an additional 2,058 shares during the last quarter. Finally, Mount Lucas Management LP increased its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 3.6% during the fourth quarter. Mount Lucas Management LP now owns 44,889 shares of the company’s stock valued at $1,826,000 after acquiring an additional 1,560 shares in the last quarter.

About FlexShares High Yield Value-Scored Bond Index Fund

(Get Free Report)

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.

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