FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Large Volume Increase – What’s Next?

Shares of FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw unusually-high trading volume on Friday . Approximately 163,274 shares traded hands during trading, an increase of 196% from the previous session’s volume of 55,096 shares.The stock last traded at $25.31 and had previously closed at $24.99.

FlexShares International Quality Dividend Index Fund Stock Performance

The company has a market cap of $627.63 million, a P/E ratio of 12.26 and a beta of 0.87. The business has a fifty day simple moving average of $24.34 and a 200 day simple moving average of $24.81.

Institutional Trading of FlexShares International Quality Dividend Index Fund

A number of institutional investors have recently bought and sold shares of IQDF. US Bancorp DE boosted its position in FlexShares International Quality Dividend Index Fund by 173.0% during the third quarter. US Bancorp DE now owns 1,272 shares of the company’s stock valued at $33,000 after purchasing an additional 806 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of FlexShares International Quality Dividend Index Fund by 46.3% in the fourth quarter. NewEdge Advisors LLC now owns 3,846 shares of the company’s stock worth $89,000 after buying an additional 1,217 shares during the last quarter. Absolute Capital Management LLC acquired a new stake in shares of FlexShares International Quality Dividend Index Fund in the fourth quarter worth about $212,000. D.A. Davidson & CO. acquired a new stake in shares of FlexShares International Quality Dividend Index Fund in the fourth quarter worth about $287,000. Finally, JPMorgan Chase & Co. lifted its position in shares of FlexShares International Quality Dividend Index Fund by 26.9% in the fourth quarter. JPMorgan Chase & Co. now owns 12,978 shares of the company’s stock worth $302,000 after buying an additional 2,752 shares during 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.