FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Shares Up 0.9%

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF)’s share price shot up 0.9% on Wednesday . The stock traded as high as $25.52 and last traded at $25.52. 89,527 shares changed hands during trading, an increase of 70% from the average session volume of 52,722 shares. The stock had previously closed at $25.30.

FlexShares International Quality Dividend Index Fund Trading Up 0.9 %

The firm has a market capitalization of $592.06 million, a price-to-earnings ratio of 9.28 and a beta of 0.79. The company has a fifty day moving average price of $24.56 and a two-hundred day moving average price of $23.68.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. NBT Bank N A NY lifted its holdings in FlexShares International Quality Dividend Index Fund by 12.2% in the first quarter. NBT Bank N A NY now owns 16,290 shares of the company’s stock valued at $393,000 after acquiring an additional 1,765 shares during the last quarter. NBC Securities Inc. purchased a new stake in FlexShares International Quality Dividend Index Fund in the third quarter valued at approximately $58,000. Mather Group LLC. raised its position in FlexShares International Quality Dividend Index Fund by 7.7% in the first quarter. Mather Group LLC. now owns 95,362 shares of the company’s stock valued at $2,220,000 after purchasing an additional 6,822 shares during the period. International Assets Investment Management LLC purchased a new stake in FlexShares International Quality Dividend Index Fund in the fourth quarter valued at approximately $172,000. Finally, Idaho Trust Bank purchased a new stake in FlexShares International Quality Dividend Index Fund in the third quarter valued at approximately $211,000.

About FlexShares International Quality Dividend Index Fund

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.