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FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Stock Price Up 0.1% - Should You Buy?

FlexShares Credit-Scored US Corporate Bond Index Fund logo with background

Key Points

  • The stock price of FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) increased by 0.1% during trading, with a last traded price of $48.81.
  • The fund recently cut its dividend, paying out $0.1983 to investors of record on August 1st.
  • Several hedge funds have shown interest in SKOR, with individual stakes varying from new positions to increases, reflecting ongoing institutional investment activity.
  • Looking to export and analyze FlexShares Credit-Scored US Corporate Bond Index Fund data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report)'s stock price traded up 0.1% during trading on Tuesday . The stock traded as high as $48.82 and last traded at $48.81. 45,956 shares were traded during trading, a decline of 17% from the average session volume of 55,586 shares. The stock had previously closed at $48.76.

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

The firm has a fifty day simple moving average of $48.54 and a 200-day simple moving average of $48.20.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, August 7th. Shareholders of record on Friday, August 1st were issued a dividend of $0.1983 per share. The ex-dividend date was Friday, August 1st.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisors Preferred LLC purchased a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund during the 2nd quarter worth approximately $163,000. Harbour Trust & Investment Management Co grew its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 0.4% in the 2nd quarter. Harbour Trust & Investment Management Co now owns 307,919 shares of the company's stock worth $15,020,000 after acquiring an additional 1,316 shares in the last quarter. Vantage Financial Partners LLC acquired a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the 1st quarter worth approximately $2,667,000. McGinn Penninger Investment Management Inc. acquired a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the 1st quarter worth approximately $723,000. Finally, Golden State Wealth Management LLC grew its position 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 worth $31,000 after acquiring an additional 321 shares in the last quarter.

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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