FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 66,629 shares, an increase of 188.9% from the June 15th total of 23,062 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 201,152 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund
A number of hedge funds have recently made changes to their positions in the company. Farmers National Bank lifted its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 49.5% during the 3rd quarter. Farmers National Bank now owns 718,601 shares of the company’s stock valued at $17,440,000 after purchasing an additional 237,864 shares during the last quarter. Cheviot Value Management LLC grew its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 5.9% during the fourth quarter. Cheviot Value Management LLC now owns 1,290,146 shares of the company’s stock worth $31,047,000 after buying an additional 72,245 shares during the last quarter. Bank of New York Mellon Corp increased its holdings 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 worth $11,185,000 after buying an additional 139,637 shares in the last quarter. Ameriprise Financial Inc. increased its holdings 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 worth $16,621,000 after buying an additional 526,977 shares in the last quarter. Finally, Betterment LLC grew its position in 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 acquiring an additional 900 shares during the last quarter.
FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance
FlexShares iBoxx 5 Year Target Duration TIPS Index Fund stock traded up $0.04 during mid-day trading on Tuesday, hitting $23.52. 128,579 shares of the company were exchanged, compared to its average volume of 158,517. The business has a fifty day moving average of $23.86 and a 200 day moving average of $24.04. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 1-year low of $22.93 and a 1-year high of $24.49.
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.
Featured Stories
- Five stocks we like better than FlexShares iBoxx 5 Year Target Duration TIPS Index Fund
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
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.
