FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sees Large Volume Increase – Here’s Why

Shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) saw strong trading volume on Thursday . 458,300 shares changed hands during trading, an increase of 194% from the previous session’s volume of 155,860 shares.The stock last traded at $23.7250 and had previously closed at $23.64.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Up 0.4%

The firm has a 50 day simple moving average of $24.10 and a 200-day simple moving average of $24.10.

Institutional Trading of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

A number of institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp grew its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock worth $88,000 after buying an additional 745 shares during the last quarter. Betterment LLC lifted its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% during the fourth quarter. Betterment LLC now owns 10,304 shares of the company’s stock valued at $247,000 after acquiring an additional 900 shares during the last quarter. Kendall Capital Management lifted its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% during 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 during the last quarter. Ameriprise Financial Inc. boosted its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 7.6% in the third quarter. Ameriprise Financial Inc. now owns 742,554 shares of the company’s stock valued at $18,022,000 after acquiring an additional 52,405 shares in the last quarter. Finally, Cheviot Value Management LLC boosted its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 5.9% in the fourth quarter. Cheviot Value Management LLC now owns 1,290,146 shares of the company’s stock valued at $31,047,000 after acquiring an additional 72,245 shares in 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.