FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF – Get Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 29,761 shares, a decrease of 53.8% from the June 15th total of 64,474 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 79,420 shares, the short-interest ratio is currently 0.4 days.
Institutional Investors Weigh In On FlexShares International Quality Dividend Index Fund
Hedge funds have recently made changes to their positions in the stock. Northern Trust Corp boosted its position in FlexShares International Quality Dividend Index Fund by 8.1% during the fourth quarter. Northern Trust Corp now owns 16,233,663 shares of the company’s stock valued at $493,503,000 after purchasing an additional 1,217,944 shares in the last quarter. Keybank National Association OH raised its holdings in FlexShares International Quality Dividend Index Fund by 8.1% in the first quarter. Keybank National Association OH now owns 3,092,929 shares of the company’s stock worth $97,953,000 after purchasing an additional 232,724 shares in the last quarter. Wells Fargo & Company MN raised its holdings in FlexShares International Quality Dividend Index Fund by 95.7% in the fourth quarter. Wells Fargo & Company MN now owns 293,902 shares of the company’s stock worth $8,935,000 after purchasing an additional 143,707 shares in the last quarter. Susquehanna International Group LLP bought a new position in FlexShares International Quality Dividend Index Fund in the third quarter worth about $3,452,000. Finally, Bank of New York Mellon Corp lifted its position in shares of FlexShares International Quality Dividend Index Fund by 14.3% during the first quarter. Bank of New York Mellon Corp now owns 859,058 shares of the company’s stock valued at $27,206,000 after buying an additional 107,281 shares during the last quarter.
FlexShares International Quality Dividend Index Fund Price Performance
NYSEARCA IQDF traded up $0.40 during midday trading on Tuesday, hitting $34.58. 123,245 shares of the company traded hands, compared to its average volume of 85,103. The company has a market cap of $1.14 billion, a PE ratio of 11.37 and a beta of 0.69. The company’s 50-day simple moving average is $34.57 and its 200-day simple moving average is $33.13. FlexShares International Quality Dividend Index Fund has a 52 week low of $26.88 and a 52 week high of $35.88.
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. IQDF was launched on Apr 12, 2013 and is managed by FlexShares.
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