FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Shares Down 0% – Should You Sell?

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR)’s stock price traded down 0% during trading on Thursday . The stock traded as low as $49.13 and last traded at $49.17. 47,312 shares changed hands during trading, a decline of 7% from the average session volume of 51,051 shares. The stock had previously closed at $49.18.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Down 0.0%

The stock’s fifty day simple moving average is $49.22 and its two-hundred day simple moving average is $48.90.

FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, December 1st were given a $0.1826 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.5%. This is a boost from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.18.

Hedge Funds Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SKOR. Nations Financial Group Inc. IA ADV raised its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 2.2% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 17,822 shares of the company’s stock worth $878,000 after purchasing an additional 382 shares during the period. Harbour Trust & Investment Management Co lifted its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 0.4% during the second quarter. Harbour Trust & Investment Management Co now owns 307,919 shares of the company’s stock valued at $15,020,000 after purchasing an additional 1,316 shares in the last quarter. Advisors Preferred LLC bought a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund during the second quarter valued at about $163,000. Vantage Financial Partners LLC boosted its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 17.9% during the third quarter. Vantage Financial Partners LLC now owns 62,971 shares of the company’s stock worth $3,101,000 after acquiring an additional 9,562 shares during the last quarter. Finally, Horizon Bancorp Inc. IN grew its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 7.3% during the 3rd quarter. Horizon Bancorp Inc. IN now owns 170,967 shares of the company’s stock valued at $8,420,000 after buying an additional 11,670 shares in the last quarter.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.