FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Reaches New 52-Week High at $26.02

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $26.02 and last traded at $26.00, with a volume of 20458 shares changing hands. The stock had previously closed at $25.60.

FlexShares International Quality Dividend Index Fund Stock Performance

The firm has a 50-day moving average price of $25.16 and a two-hundred day moving average price of $24.85. The firm has a market cap of $604.36 million, a price-to-earnings ratio of 9.28 and a beta of 0.79.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its position in FlexShares International Quality Dividend Index Fund by 19.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,439 shares of the company’s stock worth $61,000 after buying an additional 400 shares during the period. Country Trust Bank purchased a new position in FlexShares International Quality Dividend Index Fund during the 2nd quarter worth $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in FlexShares International Quality Dividend Index Fund during the 2nd quarter worth $42,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of FlexShares International Quality Dividend Index Fund in the second quarter valued at about $55,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of FlexShares International Quality Dividend Index Fund by 15.5% during the second quarter. Commonwealth Equity Services LLC now owns 27,903 shares of the company’s stock worth $694,000 after buying an additional 3,754 shares during the period.

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.