FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR – Get Free Report) rose 0.6% on Thursday. The stock traded as high as $47.30 and last traded at $47.25. Approximately 131,123 shares changed hands during trading, an increase of 27% from the average daily volume of 103,610 shares. The stock had previously closed at $46.97.
FlexShares Credit-Scored US Corporate Bond Index Fund Stock Performance
The firm has a 50 day moving average of $47.33 and a two-hundred day moving average of $48.01.
FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend
The firm also recently declared a monthly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Thursday, October 1st were given a $0.1607 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.93 annualized dividend and a yield of 4.1%. This is a decrease from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.1905.
Institutional Investors Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund
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.
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