FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Sees Strong Trading Volume – Still a Buy?

Shares of FlexShares Quality Dividend Index Fund (NYSEARCA:QDFGet Free Report) saw an uptick in trading volume on Wednesday . 24,044 shares changed hands during mid-day trading, a decline of 23% from the previous session’s volume of 31,321 shares.The stock last traded at $72.96 and had previously closed at $72.83.

FlexShares Quality Dividend Index Fund Stock Down 0.1 %

The company has a fifty day simple moving average of $71.69 and a 200 day simple moving average of $71.15. The firm has a market capitalization of $1.93 billion, a P/E ratio of 16.67 and a beta of 0.94.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC lifted its holdings in shares of FlexShares Quality Dividend Index Fund by 48.5% during the fourth quarter. CoreCap Advisors LLC now owns 915 shares of the company’s stock valued at $65,000 after purchasing an additional 299 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in FlexShares Quality Dividend Index Fund by 218.7% in the third quarter. Farther Finance Advisors LLC now owns 1,584 shares of the company’s stock valued at $114,000 after acquiring an additional 1,087 shares during the period. Cozad Asset Management Inc. bought a new position in FlexShares Quality Dividend Index Fund in the third quarter valued at about $206,000. Empire Financial Management Company LLC bought a new position in FlexShares Quality Dividend Index Fund in the third quarter valued at about $215,000. Finally, Fidelis Capital Partners LLC purchased a new stake in FlexShares Quality Dividend Index Fund in the fourth quarter worth about $219,000.

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.

Further Reading

Receive News & Ratings for FlexShares Quality Dividend Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares Quality Dividend Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.