FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Sees Large Volume Increase

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) saw unusually-high trading volume on Wednesday . Approximately 76,493 shares changed hands during mid-day trading, an increase of 74% from the previous session’s volume of 43,876 shares.The stock last traded at $68.11 and had previously closed at $67.90.

FlexShares Quality Dividend Index Fund Stock Up 0.3 %

The firm has a market capitalization of $1.83 billion, a P/E ratio of 16.67 and a beta of 0.94. The firm’s 50-day simple moving average is $67.40 and its 200-day simple moving average is $65.35.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

A number of large investors have recently added to or reduced their stakes in the company. Bridges Investment Management Inc. grew its position in FlexShares Quality Dividend Index Fund by 5.4% during the second quarter. Bridges Investment Management Inc. now owns 143,420 shares of the company’s stock valued at $9,539,000 after acquiring an additional 7,403 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in shares of FlexShares Quality Dividend Index Fund by 0.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 73,806 shares of the company’s stock valued at $4,909,000 after purchasing an additional 301 shares during the last quarter. Envestnet Asset Management Inc. raised its position in FlexShares Quality Dividend Index Fund by 8.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 254,799 shares of the company’s stock worth $16,947,000 after purchasing an additional 20,830 shares during the period. Anson Capital Inc. lifted its stake in FlexShares Quality Dividend Index Fund by 4.4% in the second quarter. Anson Capital Inc. now owns 24,876 shares of the company’s stock worth $1,654,000 after purchasing an additional 1,043 shares during the last quarter. Finally, Hanlon Investment Management Inc. boosted its position in FlexShares Quality Dividend Index Fund by 2.3% during the second quarter. Hanlon Investment Management Inc. now owns 42,126 shares of the company’s stock valued at $2,802,000 after buying an additional 958 shares during the period.

FlexShares Quality Dividend Index Fund Company Profile

The FlexShares Quality Dividend Index Fund (QDF) is an exchange-traded fund that is based on the Northern Trust Quality Dividend index. The fund tracks an index of companies deemed to have secure dividends that matches the beta of the Northern Trust 1250 Index. QDF was launched on Dec 14, 2012 and is managed by FlexShares.