FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Sees Unusually-High Trading Volume – Still a Buy?

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTFGet Free Report) shares saw an uptick in trading volume on Monday . 324,713 shares were traded during mid-day 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 Price Performance

The business’s 50-day moving average price is $23.81 and its two-hundred day moving average price is $23.62.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund stock. First PREMIER Bank acquired a new stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTFFree Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,400 shares of the company’s stock, valued at approximately $82,000.

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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