FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Stock Price Up 0.1% – Still a Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares traded up 0.1% on Thursday . The stock traded as high as $69.46 and last traded at $69.20. Approximately 33,601 shares traded hands during mid-day trading, an increase of 143% from the average daily volume of 13,810 shares. The stock had previously closed at $69.13.

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

The stock’s 50 day simple moving average is $70.13 and its two-hundred day simple moving average is $71.58. The company has a market capitalization of $513.93 million, a P/E ratio of 11.64 and a beta of 0.82.

Institutional Investors Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

An institutional investor recently raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock. Bridges Investment Management Inc. increased its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) by 14.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,523 shares of the company’s stock after purchasing an additional 2,530 shares during the quarter. Bridges Investment Management Inc. owned approximately 0.26% of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund worth $1,365,000 as of its most recent SEC filing.

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.