FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Hits New 1-Year High at $70.42

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $70.42 and last traded at $70.31, with a volume of 3104 shares trading hands. The stock had previously closed at $70.30.

FlexShares Quality Dividend Index Fund Stock Performance

The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 16.67 and a beta of 0.94. The stock has a 50-day moving average of $67.74 and a 200-day moving average of $65.64.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new stake in shares of FlexShares Quality Dividend Index Fund during the 4th quarter worth approximately $3,680,000. Magnus Financial Group LLC raised its position in FlexShares Quality Dividend Index Fund by 0.7% during the fourth quarter. Magnus Financial Group LLC now owns 65,047 shares of the company’s stock worth $4,002,000 after acquiring an additional 443 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in FlexShares Quality Dividend Index Fund by 6.5% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 74,709 shares of the company’s stock valued at $4,597,000 after acquiring an additional 4,536 shares during the last quarter. VeraBank N.A. grew its position in shares of FlexShares Quality Dividend Index Fund by 3.2% in the 4th quarter. VeraBank N.A. now owns 415,709 shares of the company’s stock valued at $25,579,000 after acquiring an additional 13,023 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of FlexShares Quality Dividend Index Fund by 85.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,140 shares of the company’s stock worth $316,000 after purchasing an additional 2,371 shares during the last quarter.

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.