FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Reaches New 52-Week High at $24.15

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $24.15 and last traded at $24.15, with a volume of 56199 shares changing hands. The stock had previously closed at $24.14.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

The firm has a 50 day simple moving average of $23.76 and a two-hundred day simple moving average of $23.51.

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. L.M. Kohn & Company increased its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) by 61.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,271 shares of the company’s stock after buying an additional 7,730 shares during the quarter. L.M. Kohn & Company owned about 0.06% of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund worth $479,000 at the end of the most recent reporting period.

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.