FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Trading Up 0.5% – Should You Buy?

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) shares traded up 0.5% during mid-day trading on Monday . The stock traded as high as $71.36 and last traded at $71.36. 25,845 shares changed hands during trading, a decline of 35% from the average session volume of 39,771 shares. The stock had previously closed at $70.98.

FlexShares Quality Dividend Index Fund Trading Up 0.5 %

The firm’s 50 day simple moving average is $72.33 and its 200 day simple moving average is $69.98. The firm has a market cap of $1.89 billion, a PE ratio of 16.67 and a beta of 0.94.

Hedge Funds Weigh In On FlexShares Quality Dividend Index Fund

Several institutional investors have recently bought and sold shares of the business. International Assets Investment Management LLC bought a new stake in shares of FlexShares Quality Dividend Index Fund in the 2nd quarter valued at approximately $65,000. Farther Finance Advisors LLC lifted its position in FlexShares Quality Dividend Index Fund by 218.7% in the third quarter. Farther Finance Advisors LLC now owns 1,584 shares of the company’s stock worth $114,000 after buying an additional 1,087 shares during the last quarter. Cozad Asset Management Inc. bought a new stake in FlexShares Quality Dividend Index Fund in the third quarter worth $206,000. ORBA Wealth Advisors L.L.C. purchased a new position in FlexShares Quality Dividend Index Fund during the third quarter worth $215,000. Finally, Empire Financial Management Company LLC purchased a new stake in shares of FlexShares Quality Dividend Index Fund in the third quarter valued at $215,000.

FlexShares Quality Dividend Index Fund Company Profile

The FlexShares Quality Dividend Index Fund (QDF) is an exchange-traded fund that is based on the Northern Trust Quality Dividend index. The fund tracks an index of companies deemed to have secure dividends that matches the beta of the Northern Trust 1250 Index. QDF was launched on Dec 14, 2012 and is managed by FlexShares.