FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sees Large Volume Increase

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTFGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 608,523 shares traded hands during mid-day trading, an increase of 189% from the previous session’s volume of 210,672 shares.The stock last traded at $23.63 and had previously closed at $23.51.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Price Performance

The business has a 50 day moving average price of $23.46 and a 200-day moving average price of $23.26.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TDTF. Cambridge Investment Research Advisors Inc. raised its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 260.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 26,908 shares of the company’s stock worth $729,000 after buying an additional 19,446 shares during the period. Flow Traders U.S. LLC acquired a new position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the 1st quarter worth approximately $2,106,000. Ameriprise Financial Inc. raised its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 13.8% during the 1st quarter. Ameriprise Financial Inc. now owns 762,605 shares of the company’s stock worth $18,677,000 after buying an additional 92,480 shares during the period. IFG Advisory LLC raised its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 39.9% during the 2nd quarter. IFG Advisory LLC now owns 30,795 shares of the company’s stock worth $729,000 after buying an additional 8,790 shares during the period. Finally, Captrust Financial Advisors raised its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 4.1% during the 2nd quarter. Captrust Financial Advisors now owns 32,376 shares of the company’s stock worth $767,000 after buying an additional 1,285 shares during the period.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Company Profile

(Get Free Report)

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.

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