FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Trading Up 0.1% – What’s Next?

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF)’s stock price traded up 0.1% on Monday . The company traded as high as $69.67 and last traded at $69.66. 63,625 shares were traded during mid-day trading, an increase of 114% from the average session volume of 29,704 shares. The stock had previously closed at $69.59.

FlexShares Quality Dividend Index Fund Stock Performance

The company has a 50-day moving average of $72.04 and a 200-day moving average of $70.45. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 16.67 and a beta of 0.94.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in QDF. Farther Finance Advisors LLC increased its stake in shares of FlexShares Quality Dividend Index Fund by 218.7% during the third quarter. Farther Finance Advisors LLC now owns 1,584 shares of the company’s stock worth $114,000 after purchasing an additional 1,087 shares during the period. Cozad Asset Management Inc. acquired a new stake in FlexShares Quality Dividend Index Fund in the 3rd quarter worth about $206,000. ORBA Wealth Advisors L.L.C. bought a new stake in FlexShares Quality Dividend Index Fund in the 3rd quarter valued at about $215,000. Empire Financial Management Company LLC bought a new position in shares of FlexShares Quality Dividend Index Fund during the third quarter worth approximately $215,000. Finally, Greenleaf Trust increased its stake in FlexShares Quality Dividend Index Fund by 19.0% during the 3rd quarter. Greenleaf Trust now owns 3,941 shares of the company’s stock worth $283,000 after acquiring an additional 628 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.