FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Reaches New 1-Year Low – Should You Sell?

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

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Performance

The company has a 50-day moving average of $47.82 and a 200-day moving average of $48.27.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The company 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. This represents a c) annualized dividend and a dividend 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

An institutional investor recently raised its stake in FlexShares Credit-Scored US Corporate Bond Index Fund stock. Horizon Bancorp Inc. IN lifted its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR – Free Report) by 6.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 179,879 shares of the company’s stock after acquiring an additional 10,859 shares during the period. FlexShares Credit-Scored US Corporate Bond Index Fund accounts for about 4.2% of Horizon Bancorp Inc. IN’s investment portfolio, making the stock its 8th largest position. Horizon Bancorp Inc. IN owned 1.25% of FlexShares Credit-Scored US Corporate Bond Index Fund worth $8,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About FlexShares Credit-Scored US Corporate Bond Index Fund

(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.