FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Shares Down 0% – Time to Sell?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT)’s share price dropped 0% during trading on Monday . The stock traded as low as $24.10 and last traded at $24.11. Approximately 289,006 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 390,434 shares. The stock had previously closed at $24.12.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The firm has a 50-day simple moving average of $24.23 and a 200 day simple moving average of $24.24.

Institutional Investors Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several hedge funds have recently added to or reduced their stakes in the business. Rock Creek Group LP bought a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter worth approximately $50,000. CX Institutional bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter valued at $55,000. Bessemer Group Inc. acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth $63,000. Morgan Dempsey Capital Management LLC acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the second quarter worth $119,000. Finally, IFP Advisors Inc bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter worth $121,000.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Company Profile

The FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) is an exchange-traded fund that is based on the iBoxx 3-Year Target Duration TIPS index. The fund tracks an index of inflation-protected US government debt with maturity dates of 1-10 years. TDTT was launched on Sep 19, 2011 and is managed by FlexShares.