FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Shares Down 0.2% – Here’s Why

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) traded down 0.2% during mid-day trading on Wednesday . The stock traded as low as $67.81 and last traded at $68.10. 20,379 shares traded hands during trading, a decline of 43% from the average session volume of 35,573 shares. The stock had previously closed at $68.21.

FlexShares Quality Dividend Index Fund Stock Performance

The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 22.54 and a beta of 0.97. The business’s 50 day moving average is $71.43 and its 200-day moving average is $71.49.

Hedge Funds Weigh In On FlexShares Quality Dividend Index Fund

Large investors have recently made changes to their positions in the business. Gray Wealth Management Inc. increased its position in FlexShares Quality Dividend Index Fund by 0.7% during the fourth quarter. Gray Wealth Management Inc. now owns 23,503 shares of the company’s stock worth $1,658,000 after acquiring an additional 158 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of FlexShares Quality Dividend Index Fund by 3.5% during the 4th quarter. Ameriprise Financial Inc. now owns 5,990 shares of the company’s stock worth $423,000 after purchasing an additional 200 shares during the period. CoreCap Advisors LLC increased its holdings in shares of FlexShares Quality Dividend Index Fund by 48.5% during the 4th quarter. CoreCap Advisors LLC now owns 915 shares of the company’s stock worth $65,000 after purchasing an additional 299 shares during the period. US Bancorp DE raised its position in shares of FlexShares Quality Dividend Index Fund by 9.2% during the third quarter. US Bancorp DE now owns 4,012 shares of the company’s stock valued at $288,000 after buying an additional 337 shares during the last quarter. Finally, Wealthspire Advisors LLC lifted its stake in shares of FlexShares Quality Dividend Index Fund by 0.3% in the fourth quarter. Wealthspire Advisors LLC now owns 147,561 shares of the company’s stock valued at $10,410,000 after buying an additional 387 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.