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

Shares of FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) saw unusually-strong trading volume on Monday . Approximately 272,633 shares traded hands during trading, an increase of 549% from the previous session’s volume of 42,036 shares.The stock last traded at $65.14 and had previously closed at $67.24.

FlexShares Quality Dividend Index Fund Trading Down 2.8 %

The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 16.67 and a beta of 0.94. The company’s 50-day moving average is $67.01 and its 200-day moving average is $65.06.

Institutional Trading of FlexShares Quality Dividend Index Fund

Large investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new stake in shares of FlexShares Quality Dividend Index Fund during the fourth quarter valued at approximately $3,680,000. Benjamin F. Edwards & Company Inc. lifted its position in FlexShares Quality Dividend Index Fund by 6.5% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 74,709 shares of the company’s stock valued at $4,597,000 after buying an additional 4,536 shares during the period. VeraBank N.A. boosted its position in shares of FlexShares Quality Dividend Index Fund by 3.2% in the 4th quarter. VeraBank N.A. now owns 415,709 shares of the company’s stock worth $25,579,000 after purchasing an additional 13,023 shares in the last quarter. Strategic Blueprint LLC boosted its stake in FlexShares Quality Dividend Index Fund by 20.2% in the 1st quarter. Strategic Blueprint LLC now owns 4,763 shares of the company’s stock worth $314,000 after purchasing an additional 800 shares in the last quarter. Finally, Magnus Financial Group LLC lifted its position in FlexShares Quality Dividend Index Fund by 0.7% in the 4th quarter. Magnus Financial Group LLC now owns 65,047 shares of the company’s stock valued at $4,002,000 after acquiring an additional 443 shares in the last quarter.

About FlexShares Quality Dividend Index Fund

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.