FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 45,255 shares changed hands during mid-day trading, a decline of 4% from the previous session's volume of 46,946 shares.The stock last traded at $47.79 and had previously closed at $47.87.
FlexShares Credit-Scored US Corporate Bond Index Fund Price Performance
The company has a 50-day simple moving average of $48.03 and a 200-day simple moving average of $48.03.
FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend
The business also recently disclosed a dividend, which was paid on Monday, April 7th. Investors of record on Tuesday, April 1st were paid a $0.1988 dividend. This is a boost from FlexShares Credit-Scored US Corporate Bond Index Fund's previous dividend of $0.19. The ex-dividend date of this dividend was Tuesday, April 1st.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC boosted its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 100.0% during 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. JPMorgan Chase & Co. purchased a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund during the third quarter worth $70,000. Nations Financial Group Inc. IA ADV boosted its position in FlexShares Credit-Scored US Corporate Bond Index Fund by 22.2% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 24,067 shares of the company's stock worth $1,148,000 after purchasing an additional 4,365 shares in the last quarter. Horizon Bancorp Inc. IN grew its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 1.2% in the first 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. Finally, Anderson Financial Strategies LLC acquired a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 4th quarter worth $8,934,000.
FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile
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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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