FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Trading 0.1% Higher – Here’s Why

Shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) were up 0.1% during trading on Thursday . The stock traded as high as $69.46 and last traded at $69.20. Approximately 33,601 shares traded hands during trading, an increase of 143% from the average daily volume of 13,810 shares. The stock had previously closed at $69.13.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Price Performance

The stock has a market cap of $513.93 million, a P/E ratio of 11.64 and a beta of 0.82. The stock’s 50 day simple moving average is $70.13 and its two-hundred day simple moving average is $71.58.

Institutional Trading of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

An institutional investor recently raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock. Bridges Investment Management Inc. increased its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) by 14.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,523 shares of the company’s stock after buying an additional 2,530 shares during the quarter. Bridges Investment Management Inc. owned 0.26% of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund worth $1,365,000 as of its most recent SEC filing.

About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

The FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of equities from developed countries outside the US. The index favors smaller, value-oriented firms. TLTD was launched on Sep 28, 2012 and is managed by FlexShares.