Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Shares Up 0.4% – Time to Buy?

Shares of Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) traded up 0.4% during trading on Friday . The stock traded as high as $30.12 and last traded at $30.11. 290 shares traded hands during trading, a decline of 53% from the average session volume of 617 shares. The stock had previously closed at $29.98.

Flexshares Real Assets Allocation Index Fund Stock Up 0.4 %

The firm’s 50-day simple moving average is $30.87 and its 200-day simple moving average is $31.40. The firm has a market capitalization of $7.53 million, a PE ratio of 13.55 and a beta of 0.84.

Flexshares Real Assets Allocation Index Fund Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 27th were issued a $0.4996 dividend. The ex-dividend date was Friday, December 27th. This is a positive change from Flexshares Real Assets Allocation Index Fund’s previous dividend of $0.31.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Flexshares Real Assets Allocation Index Fund stock. Bath Savings Trust Co boosted its stake in Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) by 16.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,800 shares of the company’s stock after acquiring an additional 1,100 shares during the period. Bath Savings Trust Co owned 3.12% of Flexshares Real Assets Allocation Index Fund worth $232,000 at the end of the most recent reporting period.

Flexshares Real Assets Allocation Index Fund Company Profile

The FlexShares Real Assets Allocation Index Fund (ASET) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that gives investors diversified global exposure to real assets. ASET was launched on Nov 23, 2015 and is managed by FlexShares.