Shares of FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) rose 0.1% on Tuesday . The stock traded as high as $48.82 and last traded at $48.81. Approximately 45,956 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 55,586 shares. The stock had previously closed at $48.76.
FlexShares Credit-Scored US Corporate Bond Index Fund Stock Down 0.0%
The company has a fifty day moving average price of $48.56 and a two-hundred day moving average price of $48.21.
FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, August 7th. Stockholders of record on Friday, August 1st were issued a $0.1983 dividend. The ex-dividend date of this dividend was Friday, August 1st.
Institutional Investors Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund
Large investors have recently modified their holdings of the company. Golden State Wealth Management LLC boosted its holdings in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 642 shares of the company's stock valued at $31,000 after acquiring an additional 321 shares during the period. Advisors Preferred LLC acquired a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the second quarter valued at approximately $163,000. McGinn Penninger Investment Management Inc. acquired a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the first quarter worth $723,000. Vantage Financial Partners LLC acquired a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the first quarter worth $2,667,000. Finally, Horizon Bancorp Inc. IN lifted its holdings 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.
About FlexShares Credit-Scored US Corporate Bond Index Fund
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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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