FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Trading 1.9% Higher – Here’s What Happened

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) shares shot up 1.9% on Thursday . The company traded as high as $25.71 and last traded at $25.69. 74,750 shares changed hands during trading, an increase of 59% from the average session volume of 46,978 shares. The stock had previously closed at $25.20.

FlexShares International Quality Dividend Index Fund Stock Up 1.9 %

The firm has a market capitalization of $596.01 million, a price-to-earnings ratio of 9.28 and a beta of 0.79. The company’s fifty day moving average is $25.68 and its two-hundred day moving average is $25.25.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in FlexShares International Quality Dividend Index Fund in the second quarter valued at about $42,000. Mather Group LLC. boosted its stake 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 last quarter. Country Trust Bank acquired a new position in FlexShares International Quality Dividend Index Fund during the second quarter valued at approximately $25,000. Bank of New York Mellon Corp increased its stake in FlexShares International Quality Dividend Index Fund by 70.5% in the second quarter. Bank of New York Mellon Corp now owns 170,327 shares of the company’s stock valued at $4,236,000 after purchasing an additional 70,434 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in FlexShares International Quality Dividend Index Fund by 15.5% in the second quarter. Commonwealth Equity Services LLC now owns 27,903 shares of the company’s stock worth $694,000 after purchasing 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.