FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Stock Price Up 0.2% - Should You Buy?

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report)'s share price rose 0.2% on Monday . The company traded as high as $48.78 and last traded at $48.78. Approximately 121,030 shares were traded during trading, an increase of 141% from the average daily volume of 50,220 shares. The stock had previously closed at $48.67.

FlexShares Credit-Scored US Corporate Bond Index Fund Trading Up 0.2%

The stock's fifty day moving average price is $48.17 and its two-hundred day moving average price is $48.00.

FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 6th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.2139 per share. This represents a $2.57 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date was Monday, June 2nd. 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

Institutional investors and hedge funds have recently made changes to their positions in the company. Anderson Financial Strategies LLC bought a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the 4th quarter valued at approximately $8,934,000. Horizon Bancorp Inc. IN lifted its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 1.2% in the 1st quarter. Horizon Bancorp Inc. IN now owns 161,643 shares of the company's stock valued at $7,812,000 after purchasing an additional 1,915 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in 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 purchasing an additional 321 shares during the last quarter. Harbour Trust & Investment Management Co lifted 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 valued at $14,818,000 after purchasing an additional 11,673 shares during the last quarter. Finally, McGinn Penninger Investment Management Inc. bought a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the 1st quarter valued at approximately $723,000.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

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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