FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sets New 12-Month Low – Here’s What Happened

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $23.70 and last traded at $23.6650, with a volume of 114758 shares changing hands. The stock had previously closed at $23.83.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Price Performance

The stock’s 50-day moving average is $24.09 and its 200 day moving average is $24.10.

Hedge Funds Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Large investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp grew its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% during the third quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock worth $88,000 after purchasing an additional 745 shares during the last quarter. Betterment LLC boosted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% in the 4th 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 period. Kendall Capital Management boosted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% in the 4th quarter. Kendall Capital Management now owns 184,396 shares of the company’s stock valued at $4,419,000 after purchasing an additional 23,566 shares during the period. Ameriprise Financial Inc. grew its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 7.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 742,554 shares of the company’s stock worth $18,022,000 after buying an additional 52,405 shares during the last quarter. Finally, Cheviot Value Management LLC grew its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 5.9% during the 4th 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.

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.