FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) to Issue Monthly Dividend of $0.19 on September 8th

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) announced a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.1905 per share on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Tuesday, September 1st.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Performance

NASDAQ:SKOR opened at $47.62 on Wednesday. The firm’s 50-day moving average is $48.12 and its 200-day moving average is $48.48. FlexShares Credit-Scored US Corporate Bond Index Fund has a 52-week low of $47.60 and a 52-week high of $49.53.

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

Hedge funds have recently modified their holdings of the company. Birchwood Financial Partners Inc. bought a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 4th quarter worth about $88,000. Fiduciary Alliance LLC acquired a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 1st quarter worth approximately $442,000. Vantage Financial Partners LLC lifted its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 13.4% in the fourth quarter. Vantage Financial Partners LLC now owns 71,399 shares of the company’s stock valued at $3,507,000 after buying an additional 8,428 shares during the period. Finally, Horizon Bancorp Inc. IN increased its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 6.4% in the first quarter. Horizon Bancorp Inc. IN now owns 179,879 shares of the company’s stock valued at $8,746,000 after purchasing an additional 10,859 shares during the last quarter.

About FlexShares Credit-Scored US Corporate Bond Index Fund

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.