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) shares saw unusually-strong trading volume on Monday . Approximately 1,597,112 shares were traded during mid-day trading, an increase of 889% from the previous session’s volume of 161,494 shares.The stock last traded at $24.1450 and had previously closed at $24.14.

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

The firm has a fifty day moving average of $24.28 and a 200-day moving average of $24.10.

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

Several large investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. increased its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 7.6% during the third quarter. Ameriprise Financial Inc. now owns 742,554 shares of the company’s stock worth $18,022,000 after buying an additional 52,405 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock valued at $88,000 after acquiring an additional 745 shares during the period. Cheviot Value Management LLC grew its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 30.2% in the 3rd quarter. Cheviot Value Management LLC now owns 1,217,901 shares of the company’s stock valued at $29,644,000 after acquiring an additional 282,187 shares during the period. Flow Traders U.S. LLC raised its holdings in shares of 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 purchasing an additional 50,706 shares during the period. Finally, Farmers National Bank raised its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 76.3% in the 2nd quarter. Farmers National Bank now owns 480,737 shares of the company’s stock valued at $11,576,000 after purchasing an additional 208,036 shares during the period.

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.