FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Strong Trading Volume

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw unusually-strong trading volume on Wednesday . Approximately 30,458 shares were traded during trading, a decline of 40% from the previous session’s volume of 50,469 shares.The stock last traded at $24.85 and had previously closed at $24.98.

FlexShares International Quality Dividend Index Fund Stock Performance

The company has a market capitalization of $588.35 million, a price-to-earnings ratio of 9.28 and a beta of 0.79. The firm has a 50-day simple moving average of $25.13 and a two-hundred day simple moving average of $24.76.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Several institutional investors have recently modified their holdings of IQDF. Country Trust Bank purchased a new position in FlexShares International Quality Dividend Index Fund in the second quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in FlexShares International Quality Dividend Index Fund in the 2nd quarter valued at about $42,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of FlexShares International Quality Dividend Index Fund in the 2nd quarter valued at about $55,000. Northwestern Mutual Wealth Management Co. grew its position in shares of FlexShares International Quality Dividend Index Fund by 19.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,439 shares of the company’s stock worth $61,000 after buying an additional 400 shares in the last quarter. Finally, Idaho Trust Bank purchased a new stake in shares of FlexShares International Quality Dividend Index Fund during the second quarter worth approximately $246,000.

FlexShares International Quality Dividend Index Fund Company Profile

The FlexShares International Quality Dividend Index Fund (IQDF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of non-US companies from developed and emerging markets selected by dividend payments and other fundamentals. The index aims for market-like risk.