FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Strong Trading Volume – Time to Buy?

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw strong trading volume on Friday . 45,092 shares traded hands during trading, an increase of 33% from the previous session’s volume of 33,908 shares.The stock last traded at $23.29 and had previously closed at $23.16.

FlexShares International Quality Dividend Index Fund Stock Performance

The business’s fifty day moving average price is $24.53 and its 200-day moving average price is $25.07. The stock has a market cap of $541.02 million, a PE ratio of 9.28 and a beta of 0.79.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. US Bancorp DE boosted its holdings in shares of FlexShares International Quality Dividend Index Fund by 173.0% in the third quarter. US Bancorp DE now owns 1,272 shares of the company’s stock worth $33,000 after buying an additional 806 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of FlexShares International Quality Dividend Index Fund during the 2nd quarter worth $55,000. Northwestern Mutual Wealth Management Co. grew its position in shares of FlexShares International Quality Dividend Index Fund by 19.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,439 shares of the company’s stock valued at $61,000 after acquiring an additional 400 shares during the period. Idaho Trust Bank purchased a new stake in shares of FlexShares International Quality Dividend Index Fund in the 2nd quarter worth $246,000. Finally, Essex Savings Bank bought a new position in FlexShares International Quality Dividend Index Fund in the 3rd quarter worth $326,000.

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.