FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sets New 1-Year High – Should You Buy?

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 $30.61 and last traded at $30.4490, with a volume of 44002 shares changing hands. The stock had previously closed at $30.52.

FlexShares International Quality Dividend Index Fund Trading Down 0.6%

The stock has a market cap of $894.35 million, a price-to-earnings ratio of 11.37 and a beta of 0.75. The firm has a fifty day simple moving average of $29.54 and a 200-day simple moving average of $28.49.

Institutional Investors Weigh In On FlexShares International Quality Dividend Index Fund

Several large investors have recently modified their holdings of the business. Northern Trust Corp lifted its position in FlexShares International Quality Dividend Index Fund by 7.0% in the 3rd quarter. Northern Trust Corp now owns 15,015,719 shares of the company’s stock valued at $428,474,000 after acquiring an additional 988,356 shares in the last quarter. Keybank National Association OH increased its position in shares of FlexShares International Quality Dividend Index Fund by 7.2% in the third quarter. Keybank National Association OH now owns 2,661,852 shares of the company’s stock valued at $75,956,000 after acquiring an additional 179,875 shares during the last quarter. Royal Bank of Canada raised its holdings in FlexShares International Quality Dividend Index Fund by 2.4% during the first quarter. Royal Bank of Canada now owns 1,924,461 shares of the company’s stock worth $47,977,000 after acquiring an additional 44,507 shares in the last quarter. Bank of New York Mellon Corp boosted its position in FlexShares International Quality Dividend Index Fund by 40.3% during the second quarter. Bank of New York Mellon Corp now owns 561,744 shares of the company’s stock valued at $15,223,000 after purchasing an additional 161,385 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in FlexShares International Quality Dividend Index Fund by 5.2% in the third quarter. Envestnet Asset Management Inc. now owns 551,262 shares of the company’s stock valued at $15,730,000 after purchasing an additional 27,250 shares in the last quarter.

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