FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Reaches New 12-Month High at $74.61

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $74.61 and last traded at $74.49, with a volume of 692 shares. The stock had previously closed at $73.39.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Performance

The firm’s fifty day simple moving average is $72.08 and its 200 day simple moving average is $71.47. The stock has a market capitalization of $545.94 million, a price-to-earnings ratio of 11.64 and a beta of 0.82.

Institutional Investors Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Comerica Bank increased its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 3,987.4% during the 1st quarter. Comerica Bank now owns 7,439 shares of the company’s stock worth $533,000 after purchasing an additional 7,257 shares in the last quarter. Whittier Trust Co. acquired a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter valued at $584,000. Park National Corp OH raised its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 3.7% in the 2nd quarter. Park National Corp OH now owns 11,902 shares of the company’s stock valued at $832,000 after purchasing an additional 425 shares during the period. Bridges Investment Management Inc. raised its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.9% in the 2nd quarter. Bridges Investment Management Inc. now owns 19,523 shares of the company’s stock valued at $1,365,000 after purchasing an additional 2,530 shares during the period. Finally, Harbour Trust & Investment Management Co lifted its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 6.3% in the 2nd quarter. Harbour Trust & Investment Management Co now owns 119,812 shares of the company’s stock valued at $8,376,000 after purchasing an additional 7,142 shares during the last quarter.

About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

The FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of equities from developed countries outside the US. The index favors smaller, value-oriented firms. TLTD was launched on Sep 28, 2012 and is managed by FlexShares.