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

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) saw strong trading volume on Thursday . 443,012 shares traded hands during mid-day trading, an increase of 795% from the previous session’s volume of 49,479 shares.The stock last traded at $49.13 and had previously closed at $49.05.

FlexShares Credit-Scored US Corporate Bond Index Fund Trading Up 0.1%

The business’s fifty day moving average is $49.23 and its two-hundred day moving average is $48.76.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 7th. Stockholders of record on Monday, November 3rd were paid a dividend of $0.1815 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, November 3rd.

Institutional Investors Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vantage Financial Partners LLC lifted its holdings in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 17.9% in the 3rd quarter. Vantage Financial Partners LLC now owns 62,971 shares of the company’s stock worth $3,101,000 after buying an additional 9,562 shares during the period. Horizon Bancorp Inc. IN raised its holdings in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 7.3% in the third quarter. Horizon Bancorp Inc. IN now owns 170,967 shares of the company’s stock valued at $8,420,000 after acquiring an additional 11,670 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 2.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 17,822 shares of the company’s stock worth $878,000 after acquiring an additional 382 shares during the period. Harbour Trust & Investment Management Co grew its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 0.9% during the 3rd quarter. Harbour Trust & Investment Management Co now owns 310,554 shares of the company’s stock worth $15,295,000 after acquiring an additional 2,635 shares in the last quarter. Finally, Advisors Preferred LLC bought a new position in FlexShares Credit-Scored US Corporate Bond Index Fund during the 2nd quarter worth about $163,000.

About FlexShares Credit-Scored US Corporate Bond Index Fund

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.