FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sees Strong Trading Volume – Time to Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) saw strong trading volume on Thursday . 21,789 shares were traded during mid-day trading, an increase of 56% from the previous session’s volume of 13,968 shares.The stock last traded at $73.08 and had previously closed at $73.12.

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

The stock has a fifty day moving average of $73.14 and a 200 day moving average of $71.88. The company has a market capitalization of $540.42 million, a P/E ratio of 11.64 and a beta of 0.82.

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

Several large investors have recently added to or reduced their stakes in the company. Park National Corp OH raised its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 3.7% during the 2nd 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. Bridges Investment Management Inc. raised its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.9% during the second quarter. Bridges Investment Management Inc. now owns 19,523 shares of the company’s stock valued at $1,365,000 after buying an additional 2,530 shares during the last quarter. Harbour Trust & Investment Management Co lifted its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 6.3% in the second quarter. Harbour Trust & Investment Management Co now owns 119,812 shares of the company’s stock worth $8,376,000 after buying an additional 7,142 shares in the last quarter. Comerica Bank boosted its position 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 acquiring an additional 7,257 shares during the last quarter. Finally, Whittier Trust Co. purchased a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the second quarter valued at $584,000.

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.