FlexShares Quality Dividend Index Fund (NYSEARCA:QDF – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 4,499 shares, a drop of 35.7% from the August 15th total of 6,994 shares. Based on an average trading volume of 24,283 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.
FlexShares Quality Dividend Index Fund Price Performance
QDF traded up $0.77 during trading on Thursday, reaching $90.98. 37,052 shares of the stock traded hands, compared to its average volume of 27,392. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 21.14 and a beta of 0.91. FlexShares Quality Dividend Index Fund has a fifty-two week low of $76.95 and a fifty-two week high of $93.89. The stock’s 50-day simple moving average is $91.65 and its two-hundred day simple moving average is $87.52.
Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund
Several institutional investors have recently made changes to their positions in the company. Kiley Juergens Wealth Management LLC acquired a new position in FlexShares Quality Dividend Index Fund in the first quarter worth approximately $263,000. Keybank National Association OH grew its position in FlexShares Quality Dividend Index Fund by 1.4% in the first quarter. Keybank National Association OH now owns 547,452 shares of the company’s stock worth $43,298,000 after acquiring an additional 7,532 shares in the last quarter. Mayflower Financial Advisors LLC acquired a new position in shares of FlexShares Quality Dividend Index Fund during the 1st quarter worth $210,000. Rockefeller Capital Management L.P. raised its holdings in shares of FlexShares Quality Dividend Index Fund by 70.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 15,405 shares of the company’s stock valued at $1,245,000 after purchasing an additional 6,363 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in shares of FlexShares Quality Dividend Index Fund by 4.0% during the 4th quarter. Corient Private Wealth LLC now owns 16,256 shares of the company’s stock valued at $1,314,000 after purchasing an additional 628 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.
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