FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $22.93 and last traded at $23.5510, with a volume of 9941 shares trading hands. The stock had previously closed at $23.77.
FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Down 0.9%
The business’s 50 day moving average is $24.01 and its two-hundred day moving average is $24.08.
Institutional Trading of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Betterment LLC raised 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 in the last quarter. Kendall Capital Management boosted its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% in the fourth quarter. Kendall Capital Management now owns 184,396 shares of the company’s stock valued at $4,419,000 after acquiring an additional 23,566 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of 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 acquiring an additional 139,637 shares during the period. Ameriprise Financial Inc. increased its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 323.0% during 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. Finally, Farmers National Bank raised its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 49.5% in the 3rd quarter. Farmers National Bank now owns 718,601 shares of the company’s stock worth $17,440,000 after buying an additional 237,864 shares in the last quarter.
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.
Featured Stories
- Five stocks we like better than FlexShares iBoxx 5 Year Target Duration TIPS Index Fund
- Ouster Is Breaking Out as a Physical AI Leader: Here’s What’s Driving the Move
- Meta’s WhatsApp Shakeup Could Put India at the Center of Its Next Growth Push
- 3 Big Banks Plan Double Digit Dividend Increases After Passing Fed Stress Test
- 3 ETFs Offering Exposure to Latin America’s Stock Market Rally
Receive News & Ratings for FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares iBoxx 5 Year Target Duration TIPS Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.
