FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sees Large Volume Increase – Time to Buy?

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report) shares saw strong trading volume on Tuesday. Approximately 267,299 shares traded hands during trading, an increase of 64% from the previous session’s volume of 163,402 shares. The stock last traded at $22.7340 and had previously closed at $22.71.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Up 0.1%

The business’s fifty day moving average is $23.13 and its two-hundred day moving average is $23.64.

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

A hedge fund recently raised its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund stock. Bank of New York Mellon Corp increased its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Free Report) by 43.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 463,927 shares of the company’s stock after purchasing an additional 139,637 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.10% of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund worth $11,185,000 at the end of the most recent quarter.

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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