Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Trading Down 0.3% – Time to Sell?

Posted by James Quigley on Oct 18th, 2024

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET – Get Free Report)’s share price dropped 0.3% on Thursday . The stock traded as low as $32.51 and last traded at $32.52. Approximately 921 shares traded hands during trading, a decline of 76% from the average daily volume of 3,890 shares. The stock had previously closed at $32.63.

Flexshares Real Assets Allocation Index Fund Trading Down 0.3 %

The firm has a market capitalization of $8.13 million, a price-to-earnings ratio of 13.55 and a beta of 0.84. The company has a fifty day moving average price of $32.05 and a two-hundred day moving average price of $31.18.

Flexshares Real Assets Allocation Index Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Thursday, September 26th were given a dividend of $0.213 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.85 annualized dividend and a dividend yield of 2.62%.

Institutional Trading of Flexshares Real Assets Allocation Index Fund

An institutional investor recently bought a new position in Flexshares Real Assets Allocation Index Fund stock. NBT Bank N A NY acquired a new stake in Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,750 shares of the company’s stock, valued at approximately $354,000. NBT Bank N A NY owned approximately 4.20% of Flexshares Real Assets Allocation Index Fund at the end of the most recent quarter.

Flexshares Real Assets Allocation Index Fund Company Profile

(Get Free Report)

The FlexShares Real Assets Allocation Index Fund (ASET) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that gives investors diversified global exposure to real assets. ASET was launched on Nov 23, 2015 and is managed by FlexShares.