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

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) shares saw unusually-high trading volume on Tuesday . Approximately 171,317 shares traded hands during mid-day trading, an increase of 19% from the previous session’s volume of 143,754 shares.The stock last traded at $24.1950 and had previously closed at $24.23.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

The firm’s fifty day simple moving average is $24.03 and its 200 day simple moving average is $24.18.

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

Several hedge funds and other institutional investors have recently modified their holdings of TDTF. Ameriprise Financial Inc. boosted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 323.0% during the second quarter. Ameriprise Financial Inc. now owns 690,149 shares of the company’s stock worth $16,621,000 after buying an additional 526,977 shares during the period. Cheviot Value Management LLC lifted its stake in 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 in the last quarter. Farmers National Bank lifted its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 49.5% in the 3rd quarter. Farmers National Bank now owns 718,601 shares of the company’s stock valued at $17,440,000 after acquiring an additional 237,864 shares in the last quarter. Flow Traders U.S. LLC boosted its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 58.4% during the 2nd quarter. Flow Traders U.S. LLC now owns 137,601 shares of the company’s stock worth $3,313,000 after acquiring an additional 50,706 shares during the last quarter. Finally, Kendall Capital Management grew its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% during the 4th quarter. Kendall Capital Management now owns 184,396 shares of the company’s stock worth $4,419,000 after acquiring an additional 23,566 shares in the last quarter.

About FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

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.