FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Trading 0.3% Higher

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) shares traded up 0.3% on Wednesday . The company traded as high as $23.33 and last traded at $23.31. 33,759 shares were traded during mid-day trading, a decline of 80% from the average session volume of 170,286 shares. The stock had previously closed at $23.23.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Up 0.3 %

The business has a fifty day simple moving average of $23.31 and a 200 day simple moving average of $23.43.

Institutional Investors Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Large investors have recently bought and sold shares of the stock. L.M. Kohn & Company lifted its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 61.6% during the 1st quarter. L.M. Kohn & Company now owns 20,271 shares of the company’s stock worth $479,000 after purchasing an additional 7,730 shares during the period. Greenleaf Trust purchased a new position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the 4th quarter worth $389,000. Finally, IFG Advisory LLC lifted its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 56.6% during the 4th quarter. IFG Advisory LLC now owns 51,955 shares of the company’s stock worth $1,228,000 after purchasing an additional 18,782 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.