FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Shares of FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $25.29 and traded as low as $24.44. FlexShares International Quality Dividend Index Fund shares last traded at $24.51, with a volume of 115,036 shares trading hands.

FlexShares International Quality Dividend Index Fund Stock Performance

The company has a market capitalization of $568.63 million, a PE ratio of 9.28 and a beta of 0.79. The stock’s 50 day moving average is $25.45 and its 200 day moving average is $25.29.

Institutional Trading of FlexShares International Quality Dividend Index Fund

A number of institutional investors have recently modified their holdings of IQDF. Thurston Springer Miller Herd & Titak Inc. bought a new stake in FlexShares International Quality Dividend Index Fund during the 2nd quarter worth approximately $42,000. Mather Group LLC. increased its holdings in FlexShares International Quality Dividend Index Fund by 7.8% during the 2nd quarter. Mather Group LLC. now owns 102,835 shares of the company’s stock worth $2,478,000 after acquiring an additional 7,473 shares during the period. Country Trust Bank bought a new stake in FlexShares International Quality Dividend Index Fund during the 2nd quarter worth approximately $25,000. Bank of New York Mellon Corp increased its holdings in 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. Finally, Commonwealth Equity Services LLC increased its holdings in FlexShares International Quality Dividend Index Fund by 15.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 27,903 shares of the company’s stock worth $694,000 after acquiring an additional 3,754 shares during the period.

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.