FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Hits New 1-Year High - Time to Buy?

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $49.49 and last traded at $49.44, with a volume of 17270 shares. The stock had previously closed at $49.41.FlexShares Credit-Scored US Corporate Bond Index Fund Stock PerformanceThe firm's 50 day moving average is $49.19 and its 200-day moving average is $48.60.FlexShares Credit-Scored US Corporate Bond Index Fund Cuts DividendThe firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Wednesday, October 1st were given a $0.1819 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. Institutional Trading of FlexShares Credit-Scored US Corporate Bond Index FundHedge funds have recently added to or reduced their stakes in the business. Vantage Financial Partners LLC purchased a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 1st quarter valued at $2,667,000. McGinn Penninger Investment Management Inc. purchased a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund during the first quarter valued at about $723,000. Harbour Trust & Investment Management Co increased its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 4.0% during the first quarter. Harbour Trust & Investment Management Co now owns 306,603 shares of the company's stock worth $14,818,000 after acquiring an additional 11,673 shares during the last quarter. Advisors Preferred LLC purchased a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the 2nd quarter worth about $163,000. Finally, Golden State Wealth Management LLC lifted its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 642 shares of the company's stock valued at $31,000 after purchasing an additional 321 shares in the last quarter. 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.Featured StoriesFive stocks we like better than FlexShares Credit-Scored US Corporate Bond Index FundHow to Know if a Stock Pays Dividends and When They Are Paid OutWhy an Underrated Dividend Giant Deserves Space in Your PortfolioThe How And Why of Investing in Oil StocksBHP Positioned to Win From U.S.-Australia Minerals PactWant to Profit on the Downtrend? Downtrends, Explained.Why Procter & Gamble Remains a Buy-and-Hold FavoriteThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in FlexShares Credit-Scored US Corporate Bond Index Fund Right Now?Before you consider FlexShares Credit-Scored US Corporate Bond Index Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FlexShares Credit-Scored US Corporate Bond Index Fund wasn't on the list.While FlexShares Credit-Scored US Corporate Bond Index Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here