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

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET)’s share price traded up 0.4% on Friday . The stock traded as high as $30.12 and last traded at $30.11. 290 shares changed hands during mid-day 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 Price Performance

The company has a 50 day moving average of $30.87 and a 200-day moving average of $31.40. The company has a market cap of $7.53 million, a P/E ratio of 13.55 and a beta of 0.84.

Flexshares Real Assets Allocation Index Fund Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 27th were given a dividend of $0.4996 per share. The ex-dividend date of this dividend was Friday, December 27th. This is an increase from Flexshares Real Assets Allocation Index Fund’s previous dividend of $0.31.

Hedge Funds Weigh In On Flexshares Real Assets Allocation Index Fund

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

About Flexshares Real Assets Allocation Index Fund

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.