FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Trading 0.5% Higher – Should You Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) traded up 0.5% on Thursday . The stock traded as high as $72.71 and last traded at $72.61. 5,574 shares were traded during mid-day trading, a decline of 59% from the average session volume of 13,641 shares. The stock had previously closed at $72.22.

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

The firm has a fifty day simple moving average of $72.04 and a 200 day simple moving average of $72.00. The company has a market capitalization of $537.31 million, a PE ratio of 11.64 and a beta of 0.82.

Institutional Inflows and Outflows

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

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.