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

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) shares saw unusually-high trading volume on Wednesday . Approximately 36,849 shares traded hands during trading, a decline of 25% from the previous session’s volume of 49,075 shares.The stock last traded at $25.03 and had previously closed at $25.06.

FlexShares International Quality Dividend Index Fund Stock Down 0.1 %

The firm has a 50 day moving average of $25.27 and a 200 day moving average of $25.26. The firm has a market cap of $580.93 million, a price-to-earnings ratio of 9.28 and a beta of 0.79.

Institutional Investors Weigh In On FlexShares International Quality Dividend Index Fund

Several large investors have recently added to or reduced their stakes in IQDF. Envestnet Asset Management Inc. boosted its holdings in FlexShares International Quality Dividend Index Fund by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 449,521 shares of the company’s stock worth $11,180,000 after acquiring an additional 13,459 shares in the last quarter. Wealthspire Advisors LLC boosted its position in shares of FlexShares International Quality Dividend Index Fund by 1.6% during the second quarter. Wealthspire Advisors LLC now owns 295,576 shares of the company’s stock valued at $7,351,000 after buying an additional 4,644 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of FlexShares International Quality Dividend Index Fund by 70.5% during the second quarter. Bank of New York Mellon Corp now owns 170,327 shares of the company’s stock valued at $4,236,000 after buying an additional 70,434 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of 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 valued at $3,716,000 after buying an additional 141,027 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in shares of FlexShares International Quality Dividend Index Fund by 14.1% during the third quarter. MML Investors Services LLC now owns 64,612 shares of the company’s stock valued at $1,699,000 after buying an additional 7,998 shares during the last quarter.

About FlexShares International Quality Dividend Index Fund

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.