FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Stock Price Down 0% – Time to Sell?

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) shares fell 0% during trading on Wednesday . The stock traded as low as $40.48 and last traded at $40.53. 111,635 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 150,136 shares. The stock had previously closed at $40.55.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

The company has a 50 day moving average price of $40.38 and a 200 day moving average price of $40.68.

FlexShares High Yield Value-Scored Bond Index Fund Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a dividend of $0.2535 per share. This is an increase from FlexShares High Yield Value-Scored Bond Index Fund’s previous monthly dividend of $0.23. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 7.5%.

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

Hedge funds have recently modified their holdings of the company. Olde Wealth Management LLC boosted its holdings 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 worth $7,102,000 after purchasing an additional 4,559 shares during the last quarter. 49 Wealth Management LLC boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 20.7% in the fourth 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 last quarter. Transcend Capital Advisors LLC boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 4.4% in the fourth 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 last quarter. First United Bank & Trust boosted its holdings 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 worth $4,264,000 after purchasing an additional 4,769 shares during the last quarter. Finally, Park National Corp OH boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 2.7% in the fourth quarter. Park National Corp OH now owns 106,395 shares of the company’s stock worth $4,334,000 after purchasing an additional 2,823 shares during 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.