FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sees Unusually-High Trading Volume – Here’s Why

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) saw an uptick in trading volume on Friday . 127,670 shares were traded during mid-day trading, an increase of 8% from the previous session’s volume of 118,062 shares.The stock last traded at $23.9950 and had previously closed at $23.98.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Price Performance

The firm has a 50 day moving average price of $24.09 and a 200 day moving average price of $24.16.

Hedge Funds Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Hedge funds have recently modified their holdings of the company. Jones Financial Companies Lllp increased its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% in the third quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock worth $88,000 after purchasing an additional 745 shares in the last quarter. Greenleaf Trust raised its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 17.4% during the second quarter. Greenleaf Trust now owns 11,998 shares of the company’s stock valued at $289,000 after acquiring an additional 1,775 shares during the period. Rock Creek Group LP purchased a new position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the second quarter valued at about $149,000. Advisors Preferred LLC bought a new position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the second quarter worth about $167,000. Finally, Kendall Capital Management boosted its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 7.4% in the second quarter. Kendall Capital Management now owns 160,762 shares of the company’s stock worth $3,871,000 after acquiring an additional 11,062 shares during the period.

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.