FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Trading Up 0.2% – Still a Buy?

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) shares were up 0.2% on Tuesday . The company traded as high as $23.89 and last traded at $23.88. Approximately 87,012 shares were traded during trading, a decline of 44% from the average daily volume of 154,121 shares. The stock had previously closed at $23.83.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

The business’s 50 day moving average is $23.65 and its two-hundred day moving average is $23.66.

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

Several hedge funds have recently bought and sold shares of TDTF. Betterment LLC purchased a new stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the 4th quarter worth $212,000. L.M. Kohn & Company increased its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% in the 4th quarter. L.M. Kohn & Company now owns 23,018 shares of the company’s stock worth $535,000 after buying an additional 2,021 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the 4th quarter worth about $583,000. Ameriprise Financial Inc. increased its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 0.6% in the 4th quarter. Ameriprise Financial Inc. now owns 170,529 shares of the company’s stock worth $3,966,000 after buying an additional 949 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 681.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 356,335 shares of the company’s stock worth $8,588,000 after buying an additional 310,745 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.