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

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw unusually-strong trading volume on Friday . Approximately 52,767 shares were traded during trading, a decline of 3% from the previous session’s volume of 54,355 shares.The stock last traded at $25.40 and had previously closed at $25.23.

FlexShares International Quality Dividend Index Fund Price Performance

The company’s fifty day moving average is $24.16 and its 200-day moving average is $24.84. The stock has a market cap of $630.34 million, a PE ratio of 12.26 and a beta of 0.87.

Institutional Investors Weigh In On FlexShares International Quality Dividend Index Fund

A number of institutional investors have recently bought and sold shares of the stock. LPL Financial LLC grew its holdings in FlexShares International Quality Dividend Index Fund by 0.7% in the fourth quarter. LPL Financial LLC now owns 64,242 shares of the company’s stock valued at $1,495,000 after purchasing an additional 417 shares during the period. US Bancorp DE lifted its position in FlexShares International Quality Dividend Index Fund by 173.0% during the third quarter. US Bancorp DE now owns 1,272 shares of the company’s stock valued at $33,000 after buying an additional 806 shares in the last quarter. NewEdge Advisors LLC lifted its position in FlexShares International Quality Dividend Index Fund by 46.3% during the fourth quarter. NewEdge Advisors LLC now owns 3,846 shares of the company’s stock valued at $89,000 after buying an additional 1,217 shares in the last quarter. Wells Fargo & Company MN lifted its position in FlexShares International Quality Dividend Index Fund by 11.4% during the fourth quarter. Wells Fargo & Company MN now owns 14,773 shares of the company’s stock valued at $344,000 after buying an additional 1,512 shares in the last quarter. Finally, Red Tortoise LLC lifted its position in FlexShares International Quality Dividend Index Fund by 4.0% during the fourth quarter. Red Tortoise LLC now owns 46,132 shares of the company’s stock valued at $1,073,000 after buying an additional 1,792 shares in the last quarter.

FlexShares International Quality Dividend Index Fund Company Profile

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.