FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sets New 12-Month High – Here’s Why

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $29.99 and last traded at $29.9590, with a volume of 12489 shares trading hands. The stock had previously closed at $29.85.

FlexShares International Quality Dividend Index Fund Stock Performance

The firm has a market cap of $878.47 million, a PE ratio of 11.37 and a beta of 0.75. The firm’s 50 day moving average price is $29.06 and its two-hundred day moving average price is $28.12.

Institutional Trading of FlexShares International Quality Dividend Index Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Susquehanna International Group LLP purchased a new position in FlexShares International Quality Dividend Index Fund in the third quarter valued at approximately $3,452,000. Northern Trust Corp raised its stake in shares of FlexShares International Quality Dividend Index Fund by 7.0% in the 3rd quarter. Northern Trust Corp now owns 15,015,719 shares of the company’s stock valued at $428,474,000 after acquiring an additional 988,356 shares during the period. Mercer Global Advisors Inc. ADV acquired a new position in shares of FlexShares International Quality Dividend Index Fund during the 3rd quarter valued at $647,000. Raymond James Financial Inc. boosted its position in FlexShares International Quality Dividend Index Fund by 9.0% during the 3rd quarter. Raymond James Financial Inc. now owns 68,219 shares of the company’s stock worth $1,947,000 after purchasing an additional 5,614 shares during the period. Finally, Regal Investment Advisors LLC grew its stake in shares of FlexShares International Quality Dividend Index Fund by 6.2% in the third quarter. Regal Investment Advisors LLC now owns 17,256 shares of the company’s stock valued at $492,000 after buying an additional 1,011 shares in 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.