FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Strong Trading Volume – Here’s What Happened

Shares of FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw unusually-strong trading volume on Friday . 85,849 shares traded hands during mid-day trading, an increase of 54% from the previous session’s volume of 55,879 shares.The stock last traded at $23.07 and had previously closed at $23.32.

FlexShares International Quality Dividend Index Fund Stock Down 1.4 %

The company has a 50 day simple moving average of $24.28 and a 200 day simple moving average of $25.00. The stock has a market cap of $533.60 million, a price-to-earnings ratio of 9.28 and a beta of 0.79.

Institutional Trading of FlexShares International Quality Dividend Index Fund

Hedge funds have recently added to or reduced their stakes in the stock. US Bancorp DE increased its stake in shares of FlexShares International Quality Dividend Index Fund by 173.0% in the third quarter. US Bancorp DE now owns 1,272 shares of the company’s stock valued at $33,000 after buying an additional 806 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of FlexShares International Quality Dividend Index Fund during the second quarter valued at $55,000. Northwestern Mutual Wealth Management Co. lifted its holdings 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 purchasing an additional 400 shares during the period. Essex Savings Bank bought a new stake in shares of FlexShares International Quality Dividend Index Fund in the third quarter worth $326,000. Finally, Natixis Advisors LLC acquired a new stake in FlexShares International Quality Dividend Index Fund in the second quarter valued at $394,000.

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.