FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Stock Price Up 0.2% – Here’s What Happened

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF)’s share price rose 0.2% during trading on Monday . The stock traded as high as $23.70 and last traded at $23.61. Approximately 204,786 shares traded hands during 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 Up 0.2 %

The company has a fifty day moving average price of $23.41 and a 200 day moving average price of $23.64.

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

Several institutional investors and hedge funds have recently bought and sold shares of TDTF. First PREMIER Bank bought a new position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the 3rd quarter valued at approximately $82,000. Flow Traders U.S. LLC boosted its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 681.6% during the third quarter. Flow Traders U.S. LLC now owns 356,335 shares of the company’s stock valued at $8,588,000 after buying an additional 310,745 shares during the last quarter. Finally, L.M. Kohn & Company increased its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% during the fourth 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 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.