FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sets New 12-Month High – Here’s What Happened

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $30.89 and last traded at $30.92, with a volume of 56402 shares trading hands. The stock had previously closed at $30.40.

FlexShares International Quality Dividend Index Fund Stock Performance

The stock’s 50-day simple moving average is $29.71 and its 200 day simple moving average is $28.62. The company has a market capitalization of $962.05 million, a PE ratio of 11.37 and a beta of 0.75.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Red Tortoise LLC raised its stake in shares of FlexShares International Quality Dividend Index Fund by 0.8% during the 3rd quarter. Red Tortoise LLC now owns 47,474 shares of the company’s stock worth $1,355,000 after buying an additional 395 shares in the last quarter. RVW Wealth LLC lifted its stake in shares of FlexShares International Quality Dividend Index Fund by 3.2% in the second quarter. RVW Wealth LLC now owns 15,318 shares of the company’s stock valued at $415,000 after purchasing an additional 469 shares during the period. Allworth Financial LP boosted its holdings in FlexShares International Quality Dividend Index Fund by 0.3% during the second quarter. Allworth Financial LP now owns 139,805 shares of the company’s stock worth $3,789,000 after buying an additional 474 shares in the last quarter. Regal Investment Advisors LLC grew its position in FlexShares International Quality Dividend Index Fund by 6.2% during the third quarter. Regal Investment Advisors LLC now owns 17,256 shares of the company’s stock worth $492,000 after buying an additional 1,011 shares during the period. Finally, Aspect Partners LLC acquired a new position in FlexShares International Quality Dividend Index Fund during the second quarter worth about $30,000.

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. IQDF was launched on Apr 12, 2013 and is managed by FlexShares.