FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Trading Up 0.2% – Here’s What Happened

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) were up 0.2% on Tuesday . The company traded as high as $48.52 and last traded at $48.47. Approximately 153,202 shares were traded during trading, an increase of 123% from the average daily volume of 68,589 shares. The stock had previously closed at $48.35.

FlexShares Credit-Scored US Corporate Bond Index Fund Trading Up 0.2%

The business has a fifty day moving average price of $48.56 and a 200-day moving average price of $48.95.

FlexShares Credit-Scored US Corporate Bond Index Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were issued a dividend of $0.1885 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Friday, May 1st.

Institutional Investors Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund

A number of institutional investors have recently made changes to their positions in the company. Horizon Bancorp Inc. IN boosted its holdings in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 6.4% during the first quarter. Horizon Bancorp Inc. IN now owns 179,879 shares of the company’s stock worth $8,746,000 after acquiring an additional 10,859 shares during the period. Fiduciary Alliance LLC bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the first quarter worth approximately $442,000. Birchwood Financial Partners Inc. bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the fourth quarter worth approximately $88,000. Finally, Vantage Financial Partners LLC boosted its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 13.4% in the fourth quarter. Vantage Financial Partners LLC now owns 71,399 shares of the company’s stock valued at $3,507,000 after buying an additional 8,428 shares during the period.

About FlexShares Credit-Scored US Corporate Bond Index Fund

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.