FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Sees Strong Trading Volume – What’s Next?

Shares of FlexShares Quality Dividend Index Fund (NYSEARCA:QDFGet Free Report) saw an uptick in trading volume on Monday . 44,058 shares were traded during trading, an increase of 83% from the previous session’s volume of 24,033 shares.The stock last traded at $81.5910 and had previously closed at $81.33.

FlexShares Quality Dividend Index Fund Stock Performance

The firm has a market cap of $2.04 billion, a P/E ratio of 21.14 and a beta of 0.93. The firm has a fifty day moving average of $80.59 and a 200-day moving average of $78.00.

Hedge Funds Weigh In On FlexShares Quality Dividend Index Fund

Several institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC increased its holdings in FlexShares Quality Dividend Index Fund by 4.0% in the 3rd quarter. NewEdge Advisors LLC now owns 6,297 shares of the company’s stock valued at $500,000 after buying an additional 240 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of FlexShares Quality Dividend Index Fund by 5.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 11,499 shares of the company’s stock valued at $913,000 after acquiring an additional 553 shares in the last quarter. Flow Traders U.S. LLC increased its stake in FlexShares Quality Dividend Index Fund by 137.2% in the third quarter. Flow Traders U.S. LLC now owns 6,811 shares of the company’s stock valued at $541,000 after acquiring an additional 3,939 shares during the period. Creative Planning raised its position in FlexShares Quality Dividend Index Fund by 5.0% in the third quarter. Creative Planning now owns 13,781 shares of the company’s stock worth $1,094,000 after purchasing an additional 658 shares in the last quarter. Finally, Glenmede Investment Management LP acquired a new position in FlexShares Quality Dividend Index Fund in the third quarter worth about $278,000.

About FlexShares Quality Dividend Index Fund

(Get Free Report)

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.

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