FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Trading 0.2% Higher

Posted by Carolyn Dwyer on Apr 25th, 2024

Shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF – Get Free Report) traded up 0.2% during trading on Tuesday . The company traded as high as $23.30 and last traded at $23.27. 142,931 shares were traded during trading, a decline of 12% from the average session volume of 161,749 shares. The stock had previously closed at $23.23.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

The stock’s 50 day simple moving average is $23.43 and its 200 day simple moving average is $23.33.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.1215 per share. The ex-dividend date of this dividend was Monday, April 1st.

Institutional Trading of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of TDTF. Greenleaf Trust bought a new stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the 4th quarter valued at $389,000. L.M. Kohn & Company grew its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 61.6% in the 1st quarter. L.M. Kohn & Company now owns 20,271 shares of the company’s stock worth $479,000 after acquiring an additional 7,730 shares in the last quarter. IFG Advisory LLC grew its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 56.6% in the 4th quarter. IFG Advisory LLC now owns 51,955 shares of the company’s stock worth $1,228,000 after acquiring an additional 18,782 shares in the last quarter. Finally, Kendall Capital Management grew its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 8.0% in the 3rd quarter. Kendall Capital Management now owns 159,692 shares of the company’s stock worth $3,663,000 after acquiring an additional 11,812 shares in the last quarter.

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.