FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Shares Down 0.8% – Here’s What Happened

FlexShares Quality Dividend Index Fund (NYSEARCA:QDFGet Free Report)’s stock price were down 0.8% during trading on Monday . The company traded as low as $70.83 and last traded at $71.53. Approximately 33,771 shares were traded during trading, an increase of 7% from the average daily volume of 31,446 shares. The stock had previously closed at $72.09.

FlexShares Quality Dividend Index Fund Trading Up 0.6 %

The stock has a 50-day moving average of $71.90 and a two-hundred day moving average of $70.88. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 16.67 and a beta of 0.94.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

Several hedge funds have recently bought and sold shares of QDF. Transform Wealth LLC boosted its position in FlexShares Quality Dividend Index Fund by 128.7% during the third quarter. Transform Wealth LLC now owns 344,683 shares of the company’s stock valued at $24,717,000 after purchasing an additional 193,950 shares during the last quarter. CFS Investment Advisory Services LLC acquired a new stake in shares of FlexShares Quality Dividend Index Fund during the 3rd quarter valued at about $7,374,000. JPMorgan Chase & Co. grew its stake in shares of FlexShares Quality Dividend Index Fund by 791.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 112,050 shares of the company’s stock valued at $8,035,000 after buying an additional 99,487 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in FlexShares Quality Dividend Index Fund in the third quarter worth approximately $5,309,000. Finally, Bank of New York Mellon Corp raised its position in FlexShares Quality Dividend Index Fund by 35.9% during the fourth quarter. Bank of New York Mellon Corp now owns 207,524 shares of the company’s stock valued at $14,641,000 after acquiring an additional 54,780 shares in the last quarter.

About FlexShares Quality Dividend Index Fund

(Get Free Report)

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.

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