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)’s share price rose 0.5% on Thursday . The company traded as high as $69.28 and last traded at $69.24. Approximately 6,200 shares were traded during trading, a decline of 54% from the average daily volume of 13,346 shares. The stock had previously closed at $68.89.

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

The company’s 50 day moving average price is $70.97 and its 200-day moving average price is $71.75. The company has a market cap of $511.41 million, a PE ratio of 11.64 and a beta of 0.82.

Institutional Trading of 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. boosted its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) by 14.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 19,523 shares of the company’s stock after acquiring an additional 2,530 shares during the period. Bridges Investment Management Inc. owned 0.26% of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund worth $1,365,000 as of its most recent SEC filing.

About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

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.