FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Shares Break Below Fifty Day Moving Average – Should You Sell?

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR – Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $47.14 and traded as low as $47.04. FlexShares Credit-Scored US Corporate Bond Index Fund shares last traded at $47.12, with a volume of 39,344 shares trading hands.

FlexShares Credit-Scored US Corporate Bond Index Fund Price Performance

The company’s 50 day moving average is $47.12 and its two-hundred day moving average is $48.17.

FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 6th. Shareholders of record on Monday, November 2nd were issued a $0.2031 dividend. This is a positive change from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.1607. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $2.44 annualized dividend and a yield of 5.2%.

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

An institutional investor recently raised its position in FlexShares Credit-Scored US Corporate Bond Index Fund stock. Vaquero Private Wealth Ltd. lifted its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR – Free Report) by 164.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,813 shares of the company’s stock after purchasing an additional 54,550 shares during the quarter. Vaquero Private Wealth Ltd. owned approximately 0.39% of FlexShares Credit-Scored US Corporate Bond Index Fund worth $4,106,000 as of its most recent filing with the Securities and Exchange Commission.

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.