FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Unusually-High Trading Volume – Should You Buy?

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) shares saw unusually-strong trading volume on Friday . Approximately 85,849 shares were traded during mid-day trading, an increase of 54% from the previous session’s volume of 55,879 shares.The stock last traded at $23.07 and had previously closed at $23.32.

FlexShares International Quality Dividend Index Fund Trading Down 1.4 %

The firm has a 50-day simple moving average of $24.28 and a two-hundred day simple moving average of $25.00. The stock has a market cap of $533.60 million, a P/E ratio of 9.28 and a beta of 0.79.

Institutional Investors Weigh In On FlexShares International Quality Dividend Index Fund

A number of large investors have recently added to or reduced their stakes in IQDF. International Assets Investment Management LLC increased its position in shares of FlexShares International Quality Dividend Index Fund by 44,913.1% in the third quarter. International Assets Investment Management LLC now owns 141,341 shares of the company’s stock worth $3,716,000 after purchasing an additional 141,027 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of FlexShares International Quality Dividend Index Fund by 70.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 170,327 shares of the company’s stock worth $4,236,000 after acquiring an additional 70,434 shares during the period. Jane Street Group LLC acquired a new stake in shares of FlexShares International Quality Dividend Index Fund during the 3rd quarter worth approximately $1,168,000. Natixis Advisors LLC bought a new position in FlexShares International Quality Dividend Index Fund in the second quarter valued at approximately $394,000. Finally, Valued Retirements Inc. acquired a new position in FlexShares International Quality Dividend Index Fund during the third quarter valued at approximately $394,000.

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.