FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Trading 1.9% Higher – Should You Buy?

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) shot up 1.9% during trading on Thursday . The stock traded as high as $25.71 and last traded at $25.69. 74,750 shares traded hands during trading, an increase of 59% from the average session volume of 46,978 shares. The stock had previously closed at $25.20.

FlexShares International Quality Dividend Index Fund Stock Performance

The business has a fifty day moving average of $25.68 and a two-hundred day moving average of $25.25. The firm has a market capitalization of $596.01 million, a price-to-earnings ratio of 9.28 and a beta of 0.79.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Several large investors have recently modified their holdings of IQDF. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of FlexShares International Quality Dividend Index Fund during the 2nd quarter worth about $42,000. Mather Group LLC. lifted its position in FlexShares International Quality Dividend Index Fund by 7.8% during the second quarter. Mather Group LLC. now owns 102,835 shares of the company’s stock worth $2,478,000 after acquiring an additional 7,473 shares during the last quarter. Country Trust Bank bought a new stake in shares of FlexShares International Quality Dividend Index Fund during the second quarter worth approximately $25,000. Bank of New York Mellon Corp grew its position in shares of FlexShares International Quality Dividend Index Fund by 70.5% in the second quarter. Bank of New York Mellon Corp now owns 170,327 shares of the company’s stock valued at $4,236,000 after purchasing an additional 70,434 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of FlexShares International Quality Dividend Index Fund by 15.5% in the second quarter. Commonwealth Equity Services LLC now owns 27,903 shares of the company’s stock valued at $694,000 after purchasing an additional 3,754 shares during the last quarter.

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.