FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Stock Price Up 0.1% – Time to Buy?

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) were up 0.1% on Monday . The company traded as high as $69.67 and last traded at $69.66. Approximately 63,625 shares changed hands during trading, an increase of 114% from the average daily volume of 29,704 shares. The stock had previously closed at $69.59.

FlexShares Quality Dividend Index Fund Stock Performance

The stock has a 50-day moving average of $72.04 and a two-hundred day moving average of $70.45. The company has a market cap of $1.88 billion, a P/E ratio of 16.67 and a beta of 0.94.

Institutional Trading of FlexShares Quality Dividend Index Fund

Several hedge funds have recently added to or reduced their stakes in the business. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of FlexShares Quality Dividend Index Fund by 0.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 73,806 shares of the company’s stock worth $4,909,000 after purchasing an additional 301 shares during the period. US Bancorp DE grew its position in shares of FlexShares Quality Dividend Index Fund by 9.2% in the 3rd quarter. US Bancorp DE now owns 4,012 shares of the company’s stock worth $288,000 after buying an additional 337 shares during the last quarter. Magnus Financial Group LLC raised its holdings in shares of FlexShares Quality Dividend Index Fund by 0.9% during the third quarter. Magnus Financial Group LLC now owns 64,344 shares of the company’s stock valued at $4,614,000 after acquiring an additional 580 shares in the last quarter. Greenleaf Trust lifted its stake in FlexShares Quality Dividend Index Fund by 19.0% in the third quarter. Greenleaf Trust now owns 3,941 shares of the company’s stock worth $283,000 after acquiring an additional 628 shares during the period. Finally, Horizon Bancorp Inc. IN lifted its stake in FlexShares Quality Dividend Index Fund by 1.3% in the fourth quarter. Horizon Bancorp Inc. IN now owns 52,582 shares of the company’s stock worth $3,710,000 after acquiring an additional 666 shares during the period.

About FlexShares Quality Dividend Index Fund

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.