FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Sets New 12-Month High – Still a Buy?

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $73.39 and last traded at $73.39, with a volume of 1212 shares. The stock had previously closed at $72.76.

FlexShares Quality Dividend Index Fund Stock Up 0.2 %

The stock has a market cap of $1.94 billion, a PE ratio of 16.67 and a beta of 0.94. The stock’s fifty day moving average price is $71.71 and its 200 day moving average price is $68.98.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

Several large investors have recently bought and sold shares of the business. Empire Financial Management Company LLC purchased a new stake in FlexShares Quality Dividend Index Fund during the third quarter valued at $215,000. Valued Retirements Inc. purchased a new position in shares of FlexShares Quality Dividend Index Fund in the third quarter worth approximately $1,078,000. MML Investors Services LLC grew its position in FlexShares Quality Dividend Index Fund by 6.1% during the third quarter. MML Investors Services LLC now owns 52,041 shares of the company’s stock valued at $3,732,000 after buying an additional 3,012 shares during the period. Benjamin Edwards Inc. purchased a new stake in FlexShares Quality Dividend Index Fund during the third quarter valued at approximately $5,309,000. Finally, Flow Traders U.S. LLC raised its position in FlexShares Quality Dividend Index Fund by 152.1% in the third quarter. Flow Traders U.S. LLC now owns 11,372 shares of the company’s stock worth $815,000 after acquiring an additional 6,861 shares during the period.

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.