FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Shares Down 1%

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF – Get Rating) dropped 1% during trading on Wednesday . The stock traded as low as $55.75 and last traded at $55.78. Approximately 60,434 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 76,036 shares. The stock had previously closed at $56.37.

FlexShares Quality Dividend Index Fund Price Performance

The firm has a 50-day simple moving average of $54.12 and a 200 day simple moving average of $52.98.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QDF. Northern Trust Corp raised its position in shares of FlexShares Quality Dividend Index Fund by 3.2% in the 2nd quarter. Northern Trust Corp now owns 13,432,714 shares of the company’s stock valued at $681,442,000 after purchasing an additional 415,853 shares in the last quarter. TIAA FSB increased its stake in shares of FlexShares Quality Dividend Index Fund by 0.7% in the second quarter. TIAA FSB now owns 5,124,417 shares of the company’s stock worth $259,961,000 after buying an additional 34,784 shares during the last quarter. Keybank National Association OH raised its holdings in FlexShares Quality Dividend Index Fund by 1.1% in the third quarter. Keybank National Association OH now owns 566,667 shares of the company’s stock valued at $26,775,000 after acquiring an additional 6,306 shares in the last quarter. VeraBank N.A. boosted its stake in FlexShares Quality Dividend Index Fund by 0.3% during the 4th quarter. VeraBank N.A. now owns 408,017 shares of the company’s stock valued at $21,462,000 after acquiring an additional 1,155 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in FlexShares Quality Dividend Index Fund by 9.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 386,521 shares of the company’s stock worth $20,331,000 after acquiring an additional 32,574 shares in the last quarter.