FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report) saw an uptick in trading volume on Monday. 743,397 shares traded hands during mid-day trading, an increase of 302% from the previous session’s volume of 185,070 shares. The stock last traded at $22.9250 and had previously closed at $22.98.
FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Up 0.1%
The firm has a fifty day simple moving average of $23.04 and a two-hundred day simple moving average of $23.57.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of TDTF. Farther Finance Advisors LLC purchased a new stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the third quarter valued at approximately $61,000. Farmers National Bank lifted its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 12.3% during the first quarter. Farmers National Bank now owns 951,855 shares of the company’s stock valued at $22,949,000 after purchasing an additional 104,459 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 43.1% during the first quarter. Bank of New York Mellon Corp now owns 463,927 shares of the company’s stock valued at $11,185,000 after purchasing an additional 139,637 shares during the last quarter.
FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Company Profile
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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