FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Sees Strong Trading Volume

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) shares saw unusually-strong trading volume on Tuesday . Approximately 33,621 shares were traded during trading, a decline of 22% from the previous session’s volume of 43,147 shares.The stock last traded at $57.71 and had previously closed at $56.56.

FlexShares Quality Dividend Index Fund Trading Up 0.5 %

The business has a 50-day moving average price of $56.19 and a two-hundred day moving average price of $56.78. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 19.20 and a beta of 0.97.

Hedge Funds Weigh In On FlexShares Quality Dividend Index Fund

Several hedge funds and other institutional investors have recently made changes to their positions in QDF. Coppell Advisory Solutions LLC acquired a new position in shares of FlexShares Quality Dividend Index Fund during the second quarter valued at approximately $40,000. Tsfg LLC acquired a new position in FlexShares Quality Dividend Index Fund during the third quarter worth about $53,000. Choate Investment Advisors acquired a new position in FlexShares Quality Dividend Index Fund in the second quarter worth approximately $74,000. Resurgent Financial Advisors LLC acquired a new position in FlexShares Quality Dividend Index Fund in the fourth quarter worth approximately $96,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in FlexShares Quality Dividend Index Fund by 65.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,258 shares of the company’s stock worth $119,000 after buying an additional 896 shares during the last quarter.

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.