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

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDFGet Free Report) shares saw unusually-strong trading volume on Friday . Approximately 85,849 shares changed hands during trading, an increase of 54% from the previous session’s volume of 55,879 shares.The stock last traded at $23.07 and had previously closed at $23.32.

FlexShares International Quality Dividend Index Fund Trading Down 1.4 %

The stock’s 50-day moving average price is $24.33 and its 200-day moving average price is $25.01. The company has a market capitalization of $533.37 million, a P/E ratio of 9.28 and a beta of 0.79.

Institutional Trading of FlexShares International Quality Dividend Index Fund

Several hedge funds have recently made changes to their positions in IQDF. Bank of New York Mellon Corp increased its position in FlexShares International Quality Dividend Index Fund by 70.5% in the second quarter. Bank of New York Mellon Corp now owns 170,327 shares of the company’s stock worth $4,236,000 after buying an additional 70,434 shares during the period. Commonwealth Equity Services LLC grew its position in shares of FlexShares International Quality Dividend Index Fund by 15.5% during the second quarter. Commonwealth Equity Services LLC now owns 27,903 shares of the company’s stock worth $694,000 after acquiring an additional 3,754 shares during the last quarter. Natixis Advisors LLC acquired a new stake in shares of FlexShares International Quality Dividend Index Fund in the 2nd quarter worth about $394,000. Ashton Thomas Private Wealth LLC bought a new stake in FlexShares International Quality Dividend Index Fund in the 2nd quarter valued at about $55,000. Finally, Idaho Trust Bank acquired a new position in FlexShares International Quality Dividend Index Fund during the 2nd quarter valued at about $246,000.

About FlexShares International Quality Dividend Index Fund

(Get Free Report)

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.

Further Reading

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