FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Strong Trading Volume – Here’s What Happened

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw unusually-strong trading volume on Tuesday . Approximately 166,022 shares changed hands during trading, an increase of 200% from the previous session’s volume of 55,286 shares.The stock last traded at $22.88 and had previously closed at $22.33.

FlexShares International Quality Dividend Index Fund Price Performance

The stock has a market capitalization of $561.61 million, a P/E ratio of 12.19 and a beta of 0.87. The business’s 50 day moving average price is $24.79 and its 200 day moving average price is $24.75.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its holdings in shares of FlexShares International Quality Dividend Index Fund by 6.4% during the fourth quarter. Royal Bank of Canada now owns 1,879,954 shares of the company’s stock valued at $43,747,000 after buying an additional 112,574 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in FlexShares International Quality Dividend Index Fund in the fourth quarter worth about $881,000. Jane Street Group LLC grew its position in FlexShares International Quality Dividend Index Fund by 567.6% in the 4th quarter. Jane Street Group LLC now owns 296,481 shares of the company’s stock valued at $6,899,000 after buying an additional 252,071 shares in the last quarter. Susquehanna International Group LLP acquired a new position in FlexShares International Quality Dividend Index Fund during the 4th quarter valued at about $1,494,000. Finally, MML Investors Services LLC raised its position in shares of FlexShares International Quality Dividend Index Fund by 13.1% during the 4th quarter. MML Investors Services LLC now owns 73,062 shares of the company’s stock worth $1,700,000 after buying an additional 8,450 shares in the last quarter.

About FlexShares International Quality Dividend Index Fund

The FlexShares International Quality Dividend Index Fund (IQDF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of non-US companies from developed and emerging markets selected by dividend payments and other fundamentals. The index aims for market-like risk.