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

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) saw strong trading volume on Friday . 153,036 shares traded hands during mid-day trading, an increase of 41% from the previous session’s volume of 108,368 shares.The stock last traded at $23.9750 and had previously closed at $24.00.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Price Performance

The company’s 50-day moving average price is $24.07 and its 200-day moving average price is $24.17.

Institutional Investors Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp grew its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% during the third quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock worth $88,000 after buying an additional 745 shares in the last quarter. Rock Creek Group LP acquired a new position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the second quarter worth about $149,000. Advisors Preferred LLC purchased a new stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the 2nd quarter valued at about $167,000. Greenleaf Trust grew its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 17.4% during the 2nd quarter. Greenleaf Trust now owns 11,998 shares of the company’s stock valued at $289,000 after acquiring an additional 1,775 shares in the last quarter. Finally, Flow Traders U.S. LLC raised its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 58.4% in the 2nd quarter. Flow Traders U.S. LLC now owns 137,601 shares of the company’s stock valued at $3,313,000 after acquiring an additional 50,706 shares during the last quarter.

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.