FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sets New 12-Month High – Still a Buy?

Shares of FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) hit a new 52-week high during trading on Wednesday . The stock traded as high as $30.08 and last traded at $30.15, with a volume of 32926 shares. The stock had previously closed at $29.75.

FlexShares International Quality Dividend Index Fund Price Performance

The stock has a market cap of $887.29 million, a P/E ratio of 11.37 and a beta of 0.75. The stock’s 50 day simple moving average is $29.11 and its two-hundred day simple moving average is $28.18.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Aspect Partners LLC bought a new position in FlexShares International Quality Dividend Index Fund during the second quarter worth about $30,000. SJS Investment Consulting Inc. lifted its holdings in FlexShares International Quality Dividend Index Fund by 1,055.2% during the 3rd quarter. SJS Investment Consulting Inc. now owns 1,883 shares of the company’s stock valued at $54,000 after purchasing an additional 1,720 shares during the last quarter. MAI Capital Management lifted its holdings in FlexShares International Quality Dividend Index Fund by 412.6% during the 1st quarter. MAI Capital Management now owns 2,563 shares of the company’s stock valued at $64,000 after purchasing an additional 2,063 shares during the last quarter. Rossmore Private Capital bought a new position in FlexShares International Quality Dividend Index Fund during the third quarter worth $64,000. Finally, Crewe Advisors LLC acquired a new position in shares of FlexShares International Quality Dividend Index Fund in the second quarter valued at $109,000.

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.