FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw unusually-strong trading volume on Tuesday . Approximately 70,307 shares traded hands during mid-day trading, an increase of 23% from the previous session’s volume of 56,981 shares.The stock last traded at $24.20 and had previously closed at $23.90.

FlexShares International Quality Dividend Index Fund Trading Up 1.1 %

The business has a 50-day moving average of $23.97 and a 200 day moving average of $24.84. The firm has a market capitalization of $560.72 million, a P/E ratio of 9.28 and a beta of 0.79.

Institutional Trading of FlexShares International Quality Dividend Index Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of IQDF. US Bancorp DE lifted its position in FlexShares International Quality Dividend Index Fund by 173.0% in the 3rd quarter. US Bancorp DE now owns 1,272 shares of the company’s stock valued at $33,000 after acquiring an additional 806 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in FlexShares International Quality Dividend Index Fund by 19.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,439 shares of the company’s stock valued at $61,000 after buying an additional 400 shares during the last quarter. D.A. Davidson & CO. bought a new position in FlexShares International Quality Dividend Index Fund during the 4th quarter valued at $287,000. Essex Savings Bank purchased a new position in FlexShares International Quality Dividend Index Fund during the 3rd quarter worth $326,000. Finally, Valued Retirements Inc. bought a new stake in shares of FlexShares International Quality Dividend Index Fund in the 3rd quarter worth $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.