FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Trading 0.2% Higher – Here’s What Happened

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) were up 0.2% during mid-day trading on Monday . The stock traded as high as $23.70 and last traded at $23.61. Approximately 204,786 shares changed hands during trading, an increase of 12% from the average daily volume of 183,133 shares. The stock had previously closed at $23.56.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Price Performance

The stock has a fifty day moving average of $23.41 and a two-hundred day moving average of $23.64.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. First PREMIER Bank bought a new position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the third quarter worth $82,000. Flow Traders U.S. LLC raised its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 681.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 356,335 shares of the company’s stock valued at $8,588,000 after buying an additional 310,745 shares in the last quarter. Finally, L.M. Kohn & Company lifted its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% during the fourth quarter. L.M. Kohn & Company now owns 23,018 shares of the company’s stock valued at $535,000 after acquiring an additional 2,021 shares during the period.

About FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

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.