FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report) rose 0.2% during mid-day trading on Monday . The company traded as high as $23.70 and last traded at $23.61. Approximately 204,786 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 183,133 shares. The stock had previously closed at $23.56.
FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance
The company’s 50-day moving average price is $23.41 and its 200 day moving average price is $23.64.
Institutional Trading of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund
Several institutional investors and hedge funds have recently added to or reduced their stakes in TDTF. First PREMIER Bank purchased a new stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the third quarter worth about $82,000. L.M. Kohn & Company raised its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% during the 4th quarter. L.M. Kohn & Company now owns 23,018 shares of the company’s stock worth $535,000 after acquiring an additional 2,021 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the 4th quarter worth approximately $583,000. Finally, Flow Traders U.S. LLC boosted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 681.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 356,335 shares of the company’s stock valued at $8,588,000 after acquiring an additional 310,745 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.
See Also
- Five stocks we like better than FlexShares iBoxx 5 Year Target Duration TIPS Index Fund
- How to Use High Beta Stocks to Maximize Your Investing Profits
- 3 Must-Have ETFs Set to Dominate This Quarter
- Top Biotech Stocks: Exploring Innovation Opportunities
- Seeking Stability? These 3 Stocks Offer Strong Potential
- How to Invest in Small Cap Stocks
- Trade War Bargain Stocks: Top 3 Picks Too Good to Pass Up
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.
