FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Sees Unusually-High Trading Volume – What’s Next?

Shares of FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) saw strong trading volume on Tuesday . 172,533 shares traded hands during trading, an increase of 401% from the previous session’s volume of 34,457 shares.The stock last traded at $78.47 and had previously closed at $78.59.

FlexShares Quality Dividend Index Fund Stock Down 0.3%

The stock has a market capitalization of $1.95 billion, a P/E ratio of 21.14 and a beta of 0.93. The company has a fifty day simple moving average of $79.30 and a two-hundred day simple moving average of $75.43.

Institutional Trading of FlexShares Quality Dividend Index Fund

A number of large investors have recently bought and sold shares of the business. TIAA Trust National Association lifted its stake in FlexShares Quality Dividend Index Fund by 4.9% in the second quarter. TIAA Trust National Association now owns 4,048,052 shares of the company’s stock valued at $295,347,000 after buying an additional 190,689 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in FlexShares Quality Dividend Index Fund by 475.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 717,441 shares of the company’s stock worth $52,502,000 after purchasing an additional 592,774 shares during the period. Keybank National Association OH boosted its stake in FlexShares Quality Dividend Index Fund by 0.8% in the 2nd quarter. Keybank National Association OH now owns 559,223 shares of the company’s stock worth $40,924,000 after purchasing an additional 4,579 shares during the period. VeraBank N.A. increased its holdings in FlexShares Quality Dividend Index Fund by 1.2% during the 3rd quarter. VeraBank N.A. now owns 458,556 shares of the company’s stock worth $36,409,000 after purchasing an additional 5,650 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of FlexShares Quality Dividend Index Fund by 13.1% in the first quarter. LPL Financial LLC now owns 365,274 shares of the company’s stock valued at $24,970,000 after purchasing an additional 42,427 shares in 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.