FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sets New 1-Year Low – Here’s Why

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $23.50 and last traded at $23.5050, with a volume of 25546 shares changing hands. The stock had previously closed at $23.55.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Trading Down 0.3%

The firm has a fifty day moving average of $23.61 and a 200-day moving average of $23.98.

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

Large investors have recently made changes to their positions in the stock. BOKF NA increased its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% during the third quarter. BOKF NA now owns 8,433 shares of the company’s stock worth $205,000 after buying an additional 4,484 shares during the last quarter. Dorsey & Whitney Trust CO LLC grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 37.5% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,653 shares of the company’s stock valued at $882,000 after acquiring an additional 10,000 shares during the period. Virtue Capital Management LLC bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter valued at about $253,000. Rossby Financial LCC bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter valued at about $1,447,000. Finally, Horizon Bancorp Inc. IN increased its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% during the 1st quarter. Horizon Bancorp Inc. IN now owns 366,585 shares of the company’s stock worth $8,886,000 after purchasing an additional 24,279 shares during the last quarter.

About FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

(Get Free Report)

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.

Further Reading

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