FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sees Large Volume Increase – Here’s Why

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) saw unusually-high trading volume on Monday . Approximately 324,713 shares traded hands during trading, an increase of 113% from the previous session’s volume of 152,103 shares.The stock last traded at $23.47 and had previously closed at $23.42.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Up 0.3 %

The business’s 50-day simple moving average is $23.83 and its 200-day simple moving average is $23.61.

Hedge Funds Weigh In On 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. Flow Traders U.S. LLC lifted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) by 681.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 356,335 shares of the company’s stock after buying an additional 310,745 shares during the period. Flow Traders U.S. LLC owned 1.06% of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund worth $8,588,000 as of its most recent SEC filing.

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.