FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Shares Down 0.4%

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF)’s share price dropped 0.4% during mid-day trading on Wednesday . The stock traded as low as $62.23 and last traded at $62.23. Approximately 38,315 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 46,691 shares. The stock had previously closed at $62.51.

FlexShares Quality Dividend Index Fund Stock Down 0.4 %

The firm’s fifty day moving average price is $64.32 and its two-hundred day moving average price is $61.42. The stock has a market capitalization of $1.65 billion, a PE ratio of 15.97 and a beta of 0.96.

Institutional Trading of FlexShares Quality Dividend Index Fund

Several large investors have recently added to or reduced their stakes in the business. TIAA Trust National Association grew its position in FlexShares Quality Dividend Index Fund by 2.9% during the fourth quarter. TIAA Trust National Association now owns 4,298,933 shares of the company’s stock valued at $264,513,000 after buying an additional 121,940 shares during the period. VeraBank N.A. boosted its position in shares of FlexShares Quality Dividend Index Fund by 3.2% in the fourth quarter. VeraBank N.A. now owns 415,709 shares of the company’s stock worth $25,579,000 after purchasing an additional 13,023 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of FlexShares Quality Dividend Index Fund by 19.9% in the third quarter. Envestnet Asset Management Inc. now owns 309,156 shares of the company’s stock worth $17,245,000 after purchasing an additional 51,393 shares during the period. LPL Financial LLC boosted its position in shares of FlexShares Quality Dividend Index Fund by 3.0% in the third quarter. LPL Financial LLC now owns 279,726 shares of the company’s stock worth $15,603,000 after purchasing an additional 8,234 shares during the period. Finally, Ledyard National Bank boosted its position in shares of FlexShares Quality Dividend Index Fund by 1.5% in the third quarter. Ledyard National Bank now owns 164,564 shares of the company’s stock worth $9,179,000 after purchasing an additional 2,480 shares during the period.

FlexShares Quality Dividend Index Fund Company Profile

The FlexShares Quality Dividend Index Fund (QDF) is an exchange-traded fund that is based on the Northern Trust Quality Dividend index. The fund tracks an index of companies deemed to have secure dividends that matches the beta of the Northern Trust 1250 Index. QDF was launched on Dec 14, 2012 and is managed by FlexShares.