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

Shares of FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw unusually-high trading volume on Friday . Approximately 45,092 shares were traded during mid-day 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 Up 0.7 %

The stock has a market cap of $541.02 million, a PE ratio of 9.28 and a beta of 0.79. The business’s 50-day simple moving average is $24.53 and its 200-day simple moving average is $25.07.

Institutional Investors Weigh In On FlexShares International Quality Dividend Index Fund

Large investors have recently made changes to their positions in the business. International Assets Investment Management LLC lifted its stake in FlexShares International Quality Dividend Index Fund by 44,913.1% in the third quarter. International Assets Investment Management LLC now owns 141,341 shares of the company’s stock worth $3,716,000 after acquiring an additional 141,027 shares during the period. Bank of New York Mellon Corp lifted its position in shares of FlexShares International Quality Dividend Index Fund by 70.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 170,327 shares of the company’s stock worth $4,236,000 after purchasing an additional 70,434 shares during the period. Jane Street Group LLC bought a new stake in shares of FlexShares International Quality Dividend Index Fund during the 3rd quarter valued at about $1,168,000. Natixis Advisors LLC purchased a new position in shares of FlexShares International Quality Dividend Index Fund during the second quarter valued at about $394,000. Finally, Valued Retirements Inc. purchased a new position in shares of FlexShares International Quality Dividend Index Fund during the third quarter valued at about $394,000.

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.