FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Reaches New 52-Week Low – Here’s Why

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $46.99 and last traded at $46.97, with a volume of 21352 shares trading hands. The stock had previously closed at $47.06.

FlexShares Credit-Scored US Corporate Bond Index Fund Price Performance

The stock’s fifty day simple moving average is $47.82 and its 200-day simple moving average is $48.27.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 8th. Investors of record on Tuesday, September 1st were paid a $0.1905 dividend. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, September 1st.

Institutional Trading of FlexShares Credit-Scored US Corporate Bond Index Fund

A hedge fund recently raised its position in FlexShares Credit-Scored US Corporate Bond Index Fund stock. Horizon Bancorp Inc. IN lifted its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR – Free Report) by 6.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 179,879 shares of the company’s stock after buying an additional 10,859 shares during the quarter. FlexShares Credit-Scored US Corporate Bond Index Fund makes up about 4.2% of Horizon Bancorp Inc. IN’s holdings, making the stock its 8th largest position. Horizon Bancorp Inc. IN owned about 1.25% of FlexShares Credit-Scored US Corporate Bond Index Fund worth $8,746,000 at the end of the most recent quarter.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for FlexShares Credit-Scored US Corporate Bond Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares Credit-Scored US Corporate Bond Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.