Short Interest in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Drops By 24.4%

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 44,957 shares, a decrease of 24.4% from the February 26th total of 59,502 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 161,306 shares, the short-interest ratio is presently 0.3 days.

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

A number of hedge funds have recently bought and sold shares of the company. Farmers National Bank increased its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 17.9% in the fourth quarter. Farmers National Bank now owns 847,396 shares of the company’s stock worth $20,308,000 after acquiring an additional 128,795 shares during the last quarter. Betterment LLC grew its holdings 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 purchasing an additional 900 shares during the last quarter. Cheviot Value Management LLC lifted its stake in shares of 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 worth $31,047,000 after buying an additional 72,245 shares during the last quarter. Kendall Capital Management boosted its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% during the 4th quarter. Kendall Capital Management now owns 184,396 shares of the company’s stock worth $4,419,000 after buying an additional 23,566 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 7.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 742,554 shares of the company’s stock valued at $18,022,000 after buying an additional 52,405 shares during the last quarter.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

TDTF opened at $23.97 on Friday. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 52 week low of $23.28 and a 52 week high of $24.49. The business has a fifty day simple moving average of $24.15 and a 200-day simple moving average of $24.17.

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.