FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Shares Cross Above 200 Day Moving Average – What’s Next?

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR)’s stock price passed 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 changing hands.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Up 0.2 %

The business has a 50 day simple moving average of $48.34 and a 200-day simple moving average of $48.20.

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. Investors of record on Monday, December 2nd will be paid a dividend of $0.1945 per share. The ex-dividend date of this dividend is Monday, December 2nd.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Gleason Group Inc. acquired a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the second quarter worth $66,000. Harbour Trust & Investment Management Co raised its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 1.1% in the 2nd quarter. Harbour Trust & Investment Management Co now owns 301,795 shares of the company’s stock valued at $14,326,000 after purchasing an additional 3,345 shares during the period. Horizon Bancorp Inc. IN lifted its holdings 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 in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the third quarter worth about $3,533,000.

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.