FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Strong Trading Volume – Here’s What Happened

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report) shares saw an uptick in trading volume on Thursday . Approximately 381,287 shares traded hands during trading, an increase of 61% from the previous session’s volume of 237,258 shares.The stock last traded at $23.5750 and had previously closed at $23.53.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The firm has a 50-day moving average price of $23.76 and a two-hundred day moving average price of $24.07.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Horizon Investments LLC grew its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% during the fourth quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after buying an additional 6,871 shares in the last quarter. BOKF NA raised its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% in the third quarter. BOKF NA now owns 8,433 shares of the company’s stock valued at $205,000 after buying an additional 4,484 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% in the first quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock worth $210,000 after buying an additional 6,697 shares in the last quarter. Virtue Capital Management LLC acquired a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the fourth quarter worth about $253,000. Finally, CoreCap Advisors LLC boosted its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 14.3% during the second quarter. CoreCap Advisors LLC now owns 33,820 shares of the company’s stock worth $809,000 after acquiring an additional 4,219 shares during the last quarter.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Company Profile

(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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