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 stock traded as high as $48.52 and last traded at $48.47. Approximately 153,202 shares changed hands during mid-day 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 Stock Up 0.2%

The company has a fifty day moving average price of $48.56 and a two-hundred day moving average price of $48.95.

FlexShares Credit-Scored US Corporate Bond Index Fund Dividend Announcement

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

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Horizon Bancorp Inc. IN raised its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 6.4% during the 1st quarter. Horizon Bancorp Inc. IN now owns 179,879 shares of the company’s stock worth $8,746,000 after purchasing an additional 10,859 shares in the last quarter. Vantage Financial Partners LLC raised its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 13.4% during the 4th quarter. Vantage Financial Partners LLC now owns 71,399 shares of the company’s stock worth $3,507,000 after purchasing an additional 8,428 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 1st quarter worth approximately $442,000. Finally, Birchwood Financial Partners Inc. bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 4th quarter worth approximately $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.