FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Sees Strong Trading Volume – What’s Next?

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) shares saw unusually-high trading volume on Wednesday . Approximately 96,135 shares were traded during trading, an increase of 12% from the previous session’s volume of 85,506 shares.The stock last traded at $47.2050 and had previously closed at $47.39.

FlexShares Credit-Scored US Corporate Bond Index Fund Trading Down 0.6%

The business has a 50-day moving average price of $47.84 and a 200-day moving average price of $48.28.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.1905 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.9%.

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

A hedge fund recently bought a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund stock. Fiduciary Alliance LLC bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 9,059 shares of the company’s stock, valued at approximately $442,000. Fiduciary Alliance LLC owned approximately 0.06% of FlexShares Credit-Scored US Corporate Bond Index Fund as of its most recent filing with the SEC.

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.