Advisor Group Inc. boosted its stake in FlexShares Trust (NYSEARCA:IQDF) by 110.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,595 shares of the company’s stock after acquiring an additional 3,460 shares during the quarter. Advisor Group Inc.’s holdings in FlexShares Trust were worth $176,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of IQDF. Citadel Advisors LLC raised its holdings in shares of FlexShares Trust by 15.3% in the 4th quarter. Citadel Advisors LLC now owns 267,954 shares of the company’s stock valued at $7,178,000 after acquiring an additional 35,563 shares in the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of FlexShares Trust in the 4th quarter valued at about $391,000. Bbva Compass Bancshares Inc. purchased a new stake in shares of FlexShares Trust in the 4th quarter valued at about $402,000. FDx Advisors Inc. raised its holdings in shares of FlexShares Trust by 16.2% in the 4th quarter. FDx Advisors Inc. now owns 25,513 shares of the company’s stock valued at $683,000 after acquiring an additional 3,557 shares in the last quarter. Finally, Park Avenue Securities LLC raised its holdings in shares of FlexShares Trust by 26.4% in the 4th quarter. Park Avenue Securities LLC now owns 22,975 shares of the company’s stock valued at $621,000 after acquiring an additional 4,792 shares in the last quarter.
NYSEARCA:IQDF opened at $26.17 on Monday. FlexShares Trust has a twelve month low of $23.98 and a twelve month high of $28.63.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 23rd. Shareholders of record on Tuesday, March 20th were issued a $0.102 dividend. The ex-dividend date of this dividend was Monday, March 19th. This represents a $0.41 annualized dividend and a dividend yield of 1.56%.
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