FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sees Unusually-High Trading Volume – Here’s Why

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report) saw strong trading volume on Tuesday. Approximately 711,009 shares were traded during trading, an increase of 257% from the average daily volume of 199,101 shares. The stock last traded at $23.0850 and had previously closed at $23.08.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Up 0.0%

The company’s 50-day moving average is $23.03 and its 200 day moving average is $23.72.

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

Several hedge funds have recently added to or reduced their stakes in the company. Kendall Capital Management increased its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 15.8% during the third quarter. Kendall Capital Management now owns 268,883 shares of the company’s stock worth $6,098,000 after buying an additional 36,636 shares during the period. Farther Finance Advisors LLC acquired a new position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the third quarter worth about $61,000. Farmers National Bank lifted its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 12.3% in the 1st quarter. Farmers National Bank now owns 951,855 shares of the company’s stock valued at $22,949,000 after buying an additional 104,459 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings 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 valued at $11,185,000 after acquiring an additional 139,637 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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