Short Interest in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Drops By 38.6%

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 38,848 shares, a decrease of 38.6% from the July 15th total of 63,267 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 125,915 shares, the short-interest ratio is currently 0.3 days.

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

A number of hedge funds have recently modified their holdings of TDTF. Farmers National Bank increased its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 12.3% during the first quarter. Farmers National Bank now owns 951,855 shares of the company’s stock valued at $22,949,000 after purchasing an additional 104,459 shares during the period. Bank of New York Mellon Corp lifted its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 43.1% in the first quarter. Bank of New York Mellon Corp now owns 463,927 shares of the company’s stock worth $11,185,000 after purchasing an additional 139,637 shares during the period. Betterment LLC boosted its stake 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 worth $247,000 after buying an additional 900 shares in the last quarter. Cheviot Value Management LLC boosted its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 5.9% during 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 in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings 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 period.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Up 0.2%

Shares of NYSEARCA TDTF traded up $0.04 during mid-day trading on Tuesday, hitting $23.36. The company had a trading volume of 385,838 shares, compared to its average volume of 156,385. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 12 month low of $22.93 and a 12 month high of $24.49. The business’s 50-day simple moving average is $23.54 and its 200-day simple moving average is $23.94.

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.