FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Stock Price Down 0.2% – Time to Sell?

by · The Markets Daily

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report)’s share price were down 0.2% during mid-day trading on Monday . The company traded as low as $24.02 and last traded at $24.04. Approximately 100,934 shares traded hands during trading, a decline of 36% from the average daily volume of 157,989 shares. The stock had previously closed at $24.09.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

The company’s 50-day moving average price is $24.23 and its 200 day moving average price is $24.14.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp grew its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% during 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 raised its holdings 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 worth $29,644,000 after purchasing an additional 282,187 shares during the period. Ameriprise Financial Inc. lifted 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 valued at $16,621,000 after purchasing an additional 526,977 shares in the last quarter. Flow Traders U.S. LLC lifted its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 58.4% during the second 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 in the last quarter. Finally, Farmers National Bank grew its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 76.3% during the second 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

(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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