FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Reaches New 12-Month Low – Should You Sell?

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV – Get Free Report)’s share price reached a new 52-week low during trading on Monday. The company traded as low as $38.33 and last traded at $38.3270, with a volume of 79,537 shares. The stock had previously closed at $38.60.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

The firm has a 50-day moving average of $39.15 and a two-hundred day moving average of $40.03.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Park National Corp OH bought a new position in FlexShares High Yield Value-Scored Bond Index Fund during the third quarter worth $3,098,000. Steph & Co. bought a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund during the 3rd quarter worth about $137,000. Finally, CoreCap Advisors LLC increased its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 45.6% during the 2nd quarter. CoreCap Advisors LLC now owns 2,077 shares of the company’s stock worth $84,000 after purchasing an additional 650 shares during the period.

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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