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

Shares of Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) rose 0.4% during trading on Friday . The company traded as high as $30.12 and last traded at $30.11. Approximately 290 shares were traded during trading, a decline of 53% from the average daily volume of 617 shares. The stock had previously closed at $29.98.

Flexshares Real Assets Allocation Index Fund Stock Performance

The firm has a market cap of $7.53 million, a P/E ratio of 13.55 and a beta of 0.84. The stock’s 50 day simple moving average is $30.87 and its 200 day simple moving average is $31.39.

Flexshares Real Assets Allocation Index Fund Increases Dividend

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

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 grew its position in shares of Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) by 16.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,800 shares of the company’s stock after acquiring 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Flexshares Real Assets Allocation Index Fund Company Profile

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.