FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Trading Up 0.4% – Time to Buy?

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) shares shot up 0.4% on Friday . The stock traded as high as $66.04 and last traded at $66.04. 34,903 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 36,722 shares. The stock had previously closed at $65.78.

FlexShares Quality Dividend Index Fund Trading Up 0.4 %

The firm has a fifty day moving average of $67.46 and a two-hundred day moving average of $70.42. The company has a market cap of $1.69 billion, a PE ratio of 19.91 and a beta of 0.94.

Institutional Trading of FlexShares Quality Dividend Index Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. NBC Securities Inc. bought a new position in FlexShares Quality Dividend Index Fund in the 1st quarter worth about $32,000. GAMMA Investing LLC purchased a new stake in shares of FlexShares Quality Dividend Index Fund in the first quarter worth about $56,000. CoreCap Advisors LLC boosted its position in shares of FlexShares Quality Dividend Index Fund by 48.5% in the fourth quarter. CoreCap Advisors LLC now owns 915 shares of the company’s stock valued at $65,000 after acquiring an additional 299 shares during the period. Fidelis Capital Partners LLC purchased a new position in FlexShares Quality Dividend Index Fund during the fourth quarter valued at approximately $219,000. Finally, Advisor Resource Council bought a new stake in FlexShares Quality Dividend Index Fund during the 1st quarter worth approximately $212,000.

About FlexShares Quality Dividend Index Fund

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.