FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Strong Trading Volume – Should You Buy?

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw unusually-strong trading volume on Wednesday . Approximately 36,849 shares were traded during mid-day trading, a decline of 25% from the previous session’s volume of 49,075 shares.The stock last traded at $25.03 and had previously closed at $25.06.

FlexShares International Quality Dividend Index Fund Price Performance

The stock has a 50 day moving average price of $25.19 and a 200-day moving average price of $25.25. The stock has a market capitalization of $576.06 million, a price-to-earnings ratio of 9.28 and a beta of 0.79.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. MML Investors Services LLC boosted its holdings in FlexShares International Quality Dividend Index Fund by 14.1% in the 3rd quarter. MML Investors Services LLC now owns 64,612 shares of the company’s stock valued at $1,699,000 after purchasing an additional 7,998 shares during the last quarter. Valued Retirements Inc. acquired a new position in shares of FlexShares International Quality Dividend Index Fund in the third quarter worth $394,000. US Bancorp DE grew its stake in FlexShares International Quality Dividend Index Fund by 173.0% during the 3rd quarter. US Bancorp DE now owns 1,272 shares of the company’s stock worth $33,000 after purchasing an additional 806 shares in the last quarter. Essex Savings Bank purchased a new stake in shares of FlexShares International Quality Dividend Index Fund during the third quarter worth approximately $326,000. Finally, International Assets Investment Management LLC increased its position in shares of FlexShares International Quality Dividend Index Fund by 44,913.1% in the 3rd quarter. International Assets Investment Management LLC now owns 141,341 shares of the company’s stock valued at $3,716,000 after purchasing an additional 141,027 shares during the last quarter.

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.