FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Sees Strong Trading Volume – Time to Buy?

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) saw unusually-high trading volume on Monday . Approximately 71,067 shares were traded during trading, an increase of 21% from the previous session’s volume of 58,578 shares.The stock last traded at $48.6150 and had previously closed at $48.49.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Up 0.3%

The firm has a fifty day moving average of $49.15 and a two-hundred day moving average of $49.18.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a dividend of $0.176 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, March 2nd.

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

Several hedge funds have recently made changes to their positions in the stock. Harbour Trust & Investment Management Co grew its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 0.9% during the 3rd quarter. Harbour Trust & Investment Management Co now owns 310,554 shares of the company’s stock valued at $15,295,000 after buying an additional 2,635 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 2.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 17,822 shares of the company’s stock worth $878,000 after buying an additional 382 shares in the last quarter. Horizon Bancorp Inc. IN boosted its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 7.3% during the third 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 during the period. Vantage Financial Partners LLC increased its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 17.9% in the 3rd 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, Birchwood Financial Partners Inc. purchased a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the 4th quarter valued at about $88,000.

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.