FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Hits New 1-Year High – Here’s What Happened

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $27.46 and last traded at $27.38, with a volume of 1763 shares. The stock had previously closed at $27.32.

FlexShares International Quality Dividend Index Fund Price Performance

The firm has a market capitalization of $736.29 million, a PE ratio of 11.37 and a beta of 0.85. The business’s 50-day moving average price is $26.90 and its 200-day moving average price is $25.35.

Institutional Investors Weigh In On FlexShares International Quality Dividend Index Fund

Several hedge funds have recently modified their holdings of the stock. Northern Trust Corp raised its stake in shares of FlexShares International Quality Dividend Index Fund by 5.5% during the 1st quarter. Northern Trust Corp now owns 12,988,627 shares of the company’s stock worth $323,806,000 after buying an additional 673,445 shares during the last quarter. Keybank National Association OH raised its stake in FlexShares International Quality Dividend Index Fund by 2.6% in the 1st quarter. Keybank National Association OH now owns 2,229,133 shares of the company’s stock valued at $55,572,000 after purchasing an additional 56,051 shares during the last quarter. Royal Bank of Canada increased its stake in shares of FlexShares International Quality Dividend Index Fund by 2.4% during the 1st quarter. Royal Bank of Canada now owns 1,924,461 shares of the company’s stock valued at $47,977,000 after acquiring an additional 44,507 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of FlexShares International Quality Dividend Index Fund by 9.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 555,032 shares of the company’s stock valued at $13,837,000 after acquiring an additional 48,313 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of FlexShares International Quality Dividend Index Fund by 21.2% during the 1st quarter. Bank of New York Mellon Corp now owns 400,359 shares of the company’s stock valued at $9,981,000 after acquiring an additional 69,983 shares during the last quarter.

FlexShares International Quality Dividend Index Fund Company Profile

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.