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

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) shares saw an uptick in trading volume on Friday . 214,729 shares were traded during trading, an increase of 39% from the previous session’s volume of 154,942 shares.The stock last traded at $23.21 and had previously closed at $23.21.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

The firm has a 50 day moving average of $23.52 and a two-hundred day moving average of $23.65.

Institutional Investors Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

An institutional investor recently raised its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund stock. Flow Traders U.S. LLC grew its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) by 681.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 356,335 shares of the company’s stock after acquiring an additional 310,745 shares during the period. Flow Traders U.S. LLC owned about 1.06% of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund worth $8,588,000 at the end of the most recent quarter.

About FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

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.