FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) shares saw strong trading volume on Friday . 38,278 shares traded hands during trading, a decline of 21% from the previous session's volume of 48,632 shares.The stock last traded at $48.05 and had previously closed at $48.26.
FlexShares Credit-Scored US Corporate Bond Index Fund Stock Performance
The stock has a 50-day moving average price of $47.97 and a 200 day moving average price of $47.99.
FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, June 6th. Investors of record on Monday, June 2nd will be paid a $0.2139 dividend. The ex-dividend date is Monday, June 2nd. This represents a $2.57 dividend on an annualized basis and a yield of 5.34%. This is an increase from FlexShares Credit-Scored US Corporate Bond Index Fund's previous monthly dividend of $0.20.
Institutional Trading of FlexShares Credit-Scored US Corporate Bond Index Fund
A number of hedge funds have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC boosted its holdings in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 642 shares of the company's stock valued at $31,000 after buying an additional 321 shares during the period. Horizon Bancorp Inc. IN raised its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 1.2% during the first quarter. Horizon Bancorp Inc. IN now owns 161,643 shares of the company's stock worth $7,812,000 after purchasing an additional 1,915 shares during the period. Nations Financial Group Inc. IA ADV boosted its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 22.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 24,067 shares of the company's stock valued at $1,148,000 after purchasing an additional 4,365 shares during the period. Harbour Trust & Investment Management Co increased its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 4.0% in the 1st quarter. Harbour Trust & Investment Management Co now owns 306,603 shares of the company's stock worth $14,818,000 after purchasing an additional 11,673 shares in the last quarter. Finally, McGinn Penninger Investment Management Inc. acquired a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund during the 1st quarter worth about $723,000.
About FlexShares Credit-Scored US Corporate Bond Index Fund
(
Get Free Report)
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.
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