FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Short Interest Update

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 72,023 shares, an increase of 85.4% from the July 30th total of 38,848 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 154,624 shares, the days-to-cover ratio is currently 0.5 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. Betterment LLC grew its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% in the 4th quarter. Betterment LLC now owns 10,304 shares of the company’s stock valued at $247,000 after acquiring an additional 900 shares during the last quarter. Bank of New York Mellon Corp raised its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 43.1% during the first quarter. Bank of New York Mellon Corp now owns 463,927 shares of the company’s stock worth $11,185,000 after acquiring an additional 139,637 shares during the last quarter. Ameriprise Financial Inc. raised its position in 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 acquiring an additional 526,977 shares during the last quarter. Farmers National Bank lifted its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 17.9% in the fourth quarter. Farmers National Bank now owns 847,396 shares of the company’s stock valued at $20,308,000 after purchasing an additional 128,795 shares in the last quarter. Finally, Cheviot Value Management LLC lifted its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 5.9% in the fourth quarter. Cheviot Value Management LLC now owns 1,290,146 shares of the company’s stock valued at $31,047,000 after purchasing an additional 72,245 shares in the last quarter.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Down 0.6%

TDTF traded down $0.14 during trading on Friday, reaching $23.25. 101,611 shares of the stock were exchanged, compared to its average volume of 155,143. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 1 year low of $22.93 and a 1 year high of $24.49. The business’s 50 day moving average price is $23.47 and its two-hundred day moving average price is $23.90.

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.