FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Trading Down 1% – Here’s What Happened

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF)’s share price were down 1% during mid-day trading on Friday . The stock traded as low as $24.11 and last traded at $24.11. Approximately 26,268 shares were traded during trading, a decline of 54% from the average daily volume of 56,978 shares. The stock had previously closed at $24.36.

FlexShares International Quality Dividend Index Fund Stock Down 1.0 %

The company has a market capitalization of $559.35 million, a price-to-earnings ratio of 9.28 and a beta of 0.79. The business’s 50-day moving average is $23.98 and its 200-day moving average is $24.85.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. UMB Bank n.a. grew its position in shares of FlexShares International Quality Dividend Index Fund by 0.9% during the 4th quarter. UMB Bank n.a. now owns 206,883 shares of the company’s stock valued at $4,814,000 after acquiring an additional 1,906 shares during the period. International Assets Investment Management LLC boosted its position in FlexShares International Quality Dividend Index Fund by 44,913.1% during the third quarter. International Assets Investment Management LLC now owns 141,341 shares of the company’s stock worth $3,716,000 after purchasing an additional 141,027 shares in the last quarter. MML Investors Services LLC grew its holdings in FlexShares International Quality Dividend Index Fund by 14.1% in the third 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 period. Red Tortoise LLC increased its position in shares of FlexShares International Quality Dividend Index Fund by 4.0% in the fourth quarter. Red Tortoise LLC now owns 46,132 shares of the company’s stock valued at $1,073,000 after buying an additional 1,792 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of FlexShares International Quality Dividend Index Fund during the 3rd quarter worth approximately $1,168,000.

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.