FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Sees Large Volume Increase – Time to Buy?

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) saw strong trading volume on Monday . Approximately 56,473 shares changed hands during mid-day trading, a decline of 14% from the previous session’s volume of 65,979 shares.The stock last traded at $47.9550 and had previously closed at $48.05.

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

The company’s fifty day moving average price is $48.21 and its 200-day moving average price is $48.58.

FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, August 3rd were issued a $0.1908 dividend. This represents a c) annualized dividend and a yield of 4.8%. This is a positive change from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, August 3rd.

Hedge Funds Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund

A number of hedge funds have recently bought and sold shares of SKOR. Horizon Bancorp Inc. IN increased its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 6.4% in the 1st quarter. Horizon Bancorp Inc. IN now owns 179,879 shares of the company’s stock worth $8,746,000 after buying an additional 10,859 shares in the last quarter. Fiduciary Alliance LLC bought a new position in FlexShares Credit-Scored US Corporate Bond Index Fund during the 1st quarter valued at about $442,000. Vantage Financial Partners LLC boosted its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 13.4% in the fourth quarter. Vantage Financial Partners LLC now owns 71,399 shares of the company’s stock worth $3,507,000 after purchasing an additional 8,428 shares during the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund during the 4th quarter valued at $88,000.

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.