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

Shares of FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw strong trading volume on Thursday . 209,473 shares traded hands during mid-day trading, an increase of 316% from the previous session’s volume of 50,413 shares.The stock last traded at $23.43 and had previously closed at $23.29.

FlexShares International Quality Dividend Index Fund Trading Down 0.4 %

The stock has a market capitalization of $541.95 million, a P/E ratio of 9.28 and a beta of 0.79. The stock’s 50-day moving average price is $24.71 and its two-hundred day moving average price is $25.13.

Institutional Trading of FlexShares International Quality Dividend Index Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. MML Investors Services LLC raised its stake in shares of FlexShares International Quality Dividend Index Fund by 14.1% during 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 period. Valued Retirements Inc. purchased a new position in FlexShares International Quality Dividend Index Fund during the 3rd quarter valued at about $394,000. US Bancorp DE increased its position in shares of FlexShares International Quality Dividend Index Fund by 173.0% during 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. Essex Savings Bank bought a new stake in shares of FlexShares International Quality Dividend Index Fund during the third quarter valued at about $326,000. Finally, International Assets Investment Management LLC lifted its holdings in shares of FlexShares International Quality Dividend Index Fund by 44,913.1% in the third quarter. International Assets Investment Management LLC now owns 141,341 shares of the company’s stock worth $3,716,000 after buying an additional 141,027 shares in 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.