Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Trading Up 0.4% – What’s Next?

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET)’s share price traded up 0.4% during trading on Friday . The stock traded as high as $30.12 and last traded at $30.11. 290 shares traded hands during trading, a decline of 53% from the average session volume of 617 shares. The stock had previously closed at $29.98.

Flexshares Real Assets Allocation Index Fund Trading Up 0.4 %

The company has a market cap of $7.53 million, a P/E ratio of 13.55 and a beta of 0.84. The firm has a 50-day moving average of $30.87 and a 200 day moving average of $31.40.

Flexshares Real Assets Allocation Index Fund Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 27th were issued a dividend of $0.4996 per share. This is a boost from Flexshares Real Assets Allocation Index Fund’s previous dividend of $0.31. The ex-dividend date was Friday, December 27th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Flexshares Real Assets Allocation Index Fund stock. Bath Savings Trust Co raised its stake in Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) by 16.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,800 shares of the company’s stock after purchasing an additional 1,100 shares during the period. Bath Savings Trust Co owned 3.12% of Flexshares Real Assets Allocation Index Fund worth $232,000 as of its most recent SEC filing.

Flexshares Real Assets Allocation Index Fund Company Profile

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.