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

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) shares saw strong trading volume on Friday . 214,729 shares traded hands 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 Down 0.1 %

The firm’s fifty day moving average price is $23.53 and its 200-day moving average price is $23.65.

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. Flow Traders U.S. LLC increased its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) by 681.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 356,335 shares of the company’s stock after purchasing an additional 310,745 shares during the quarter. Flow Traders U.S. LLC owned approximately 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.