FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sets New 12-Month Low – Here’s What Happened

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTFGet Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as $22.90 and last traded at $22.8950, with a volume of 134155 shares. The stock had previously closed at $22.99.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Down 0.4%

The stock has a fifty day moving average of $23.36 and a 200-day moving average of $23.81.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund stock. Farmers National Bank lifted its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTFFree Report) by 12.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 951,855 shares of the company’s stock after purchasing an additional 104,459 shares during the quarter. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund comprises approximately 5.1% of Farmers National Bank’s portfolio, making the stock its 2nd biggest position. Farmers National Bank owned about 2.27% of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund worth $22,949,000 at the end of the most recent reporting period.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Company Profile

(Get Free Report)

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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