FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sees Strong Trading Volume – Here’s What Happened

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report) shares saw unusually-high trading volume on Monday. 743,397 shares traded hands during trading, an increase of 302% from the previous session’s volume of 185,070 shares. The stock last traded at $22.9250 and had previously closed at $22.98.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

The company’s 50 day moving average price is $23.06 and its 200 day moving average price is $23.58.

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

Several large investors have recently made changes to their positions in TDTF. Farther Finance Advisors LLC acquired a new stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the 3rd quarter worth approximately $61,000. Bank of New York Mellon Corp raised its position in shares of 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 purchasing an additional 139,637 shares during the period. Finally, Farmers National Bank boosted its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 12.3% during the 1st quarter. Farmers National Bank now owns 951,855 shares of the company’s stock worth $22,949,000 after buying an additional 104,459 shares during the period.

About FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

(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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