FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Trading Down 0.1%

Shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) traded down 0.1% during mid-day trading on Wednesday . The stock traded as low as $23.74 and last traded at $23.76. 103,275 shares traded hands during trading, a decline of 34% from the average session volume of 155,946 shares. The stock had previously closed at $23.78.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

The firm has a 50-day moving average price of $23.48 and a 200-day moving average price of $23.43.

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

A hedge fund recently bought a new stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund stock. Greenleaf Trust purchased a new stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,452 shares of the company’s stock, valued at approximately $389,000. Greenleaf Trust owned approximately 0.06% of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

About FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

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.