FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Short Interest Down 38.6% in July

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 38,848 shares, a drop of 38.6% from the July 15th total of 63,267 shares. Based on an average trading volume of 125,915 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

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

A number of institutional investors have recently added to or reduced their stakes in the business. Farmers National Bank lifted its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 17.9% in the 4th quarter. Farmers National Bank now owns 847,396 shares of the company’s stock valued at $20,308,000 after buying an additional 128,795 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 7.6% in the third quarter. Ameriprise Financial Inc. now owns 742,554 shares of the company’s stock valued at $18,022,000 after buying an additional 52,405 shares in the last quarter. Betterment LLC grew its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% during the fourth quarter. Betterment LLC now owns 10,304 shares of the company’s stock worth $247,000 after acquiring an additional 900 shares during the period. Bank of New York Mellon Corp grew its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 43.1% during the first quarter. Bank of New York Mellon Corp now owns 463,927 shares of the company’s stock worth $11,185,000 after acquiring an additional 139,637 shares during the period. Finally, Cheviot Value Management LLC raised its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 5.9% in the fourth quarter. Cheviot Value Management LLC now owns 1,290,146 shares of the company’s stock worth $31,047,000 after acquiring an additional 72,245 shares in the last quarter.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Up 0.3%

Shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund stock opened at $23.42 on Thursday. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 52-week low of $22.93 and a 52-week high of $24.49. The company’s 50-day simple moving average is $23.52 and its 200-day simple moving average is $23.93.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Company Profile

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.