FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $23.72 and last traded at $23.7550, with a volume of 51443 shares trading hands. The stock had previously closed at $23.74.
FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance
The stock’s 50 day moving average is $24.12 and its 200 day moving average is $24.11.
Institutional Investors Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund
Institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock valued at $88,000 after purchasing an additional 745 shares during the period. Betterment LLC lifted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% during the 4th quarter. Betterment LLC now owns 10,304 shares of the company’s stock worth $247,000 after buying an additional 900 shares during the period. Kendall Capital Management boosted its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% in the 4th quarter. Kendall Capital Management now owns 184,396 shares of the company’s stock valued at $4,419,000 after buying an additional 23,566 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 43.1% in the 1st quarter. Bank of New York Mellon Corp now owns 463,927 shares of the company’s stock valued at $11,185,000 after buying an additional 139,637 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 323.0% in the second quarter. Ameriprise Financial Inc. now owns 690,149 shares of the company’s stock valued at $16,621,000 after acquiring an additional 526,977 shares during the period.
About FlexShares iBoxx 5 Year Target Duration TIPS Index Fund
The FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) is an exchange-traded fund that is based on the iBoxx 5-Year Target Duration TIPS index. The fund tracks an index of inflation-protected US government debt with a targeted duration of roughly five years. TDTF was launched on Sep 19, 2011 and is managed by FlexShares.
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