FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Reaches New 12-Month High – Should You Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $102.19 and last traded at $101.54, with a volume of 10934 shares trading hands. The stock had previously closed at $101.01.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Up 0.5%

The business’s fifty day simple moving average is $94.81 and its two-hundred day simple moving average is $90.42. The company has a market cap of $649.86 million, a price-to-earnings ratio of 13.36 and a beta of 0.82.

Institutional Investors Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

A number of institutional investors and hedge funds have recently bought and sold shares of TLTD. Arlington Trust Co LLC acquired a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the fourth quarter valued at $1,596,000. Harbour Trust & Investment Management Co increased its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 4.2% during the fourth quarter. Harbour Trust & Investment Management Co now owns 137,781 shares of the company’s stock worth $12,776,000 after purchasing an additional 5,610 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 4th quarter valued at about $86,000. JPMorgan Chase & Co. lifted its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock valued at $2,748,000 after purchasing an additional 16,591 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 5.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 8,011 shares of the company’s stock valued at $711,000 after purchasing an additional 404 shares during the period.

About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

The FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of equities from developed countries outside the US. The index favors smaller, value-oriented firms. TLTD was launched on Sep 28, 2012 and is managed by FlexShares.