FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $48.19 and traded as high as $48.33. FlexShares Credit-Scored US Corporate Bond Index Fund shares last traded at $48.31, with a volume of 16,876 shares.
FlexShares Credit-Scored US Corporate Bond Index Fund Stock Performance
The stock's 50-day moving average is $48.36 and its 200-day moving average is $48.19.
FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, December 6th. Stockholders of record on Monday, December 2nd will be paid a $0.1945 dividend. The ex-dividend date of this dividend is Monday, December 2nd.
Institutional Investors Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund
Several institutional investors and hedge funds have recently modified their holdings of the stock. Flow Traders U.S. LLC acquired a new position in FlexShares Credit-Scored US Corporate Bond Index Fund during the 3rd quarter worth approximately $3,533,000. Horizon Bancorp Inc. IN boosted its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 18.2% in the third quarter. Horizon Bancorp Inc. IN now owns 222,207 shares of the company's stock valued at $10,915,000 after purchasing an additional 34,148 shares during the period. Harbour Trust & Investment Management Co grew its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 1.8% during the 3rd quarter. Harbour Trust & Investment Management Co now owns 307,378 shares of the company's stock valued at $15,098,000 after purchasing an additional 5,583 shares in the last quarter. Finally, Gleason Group Inc. purchased a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund during the 2nd quarter worth $66,000.
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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