FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sees Strong Trading Volume – What’s Next?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares saw unusually-high trading volume on Thursday . Approximately 30,764 shares were traded during mid-day trading, an increase of 131% from the previous session’s volume of 13,302 shares.The stock last traded at $70.25 and had previously closed at $69.91.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Performance

The company has a market capitalization of $517.08 million, a price-to-earnings ratio of 11.64 and a beta of 0.82. The business’s 50 day moving average is $72.75 and its 200 day moving average is $72.06.

Hedge Funds Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Harbour Trust & Investment Management Co raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 6.7% during the 3rd quarter. Harbour Trust & Investment Management Co now owns 127,899 shares of the company’s stock worth $9,592,000 after buying an additional 8,087 shares during the last quarter. Bridges Investment Management Inc. increased its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.9% in the second quarter. Bridges Investment Management Inc. now owns 19,523 shares of the company’s stock worth $1,365,000 after acquiring an additional 2,530 shares during the period. Whittier Trust Co. acquired a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter worth $584,000. Comerica Bank raised its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 3,987.4% during the first quarter. Comerica Bank now owns 7,439 shares of the company’s stock worth $533,000 after purchasing an additional 7,257 shares during the last quarter. Finally, Park National Corp OH lifted its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 3.7% during the second quarter. Park National Corp OH now owns 11,902 shares of the company’s stock valued at $832,000 after purchasing an additional 425 shares during the period.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Company Profile

The FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of equities from developed countries outside the US. The index favors smaller, value-oriented firms. TLTD was launched on Sep 28, 2012 and is managed by FlexShares.