FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sets New 12-Month Low – Here’s Why

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) shares reached a new 52-week low on Wednesday . The stock traded as low as $23.68 and last traded at $23.6950, with a volume of 14173 shares traded. The stock had previously closed at $23.91.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Trading Down 0.9%

The business’s 50-day moving average price is $24.15 and its two-hundred day moving average price is $24.16.

Institutional Trading of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several hedge funds have recently added to or reduced their stakes in the business. BOKF NA lifted 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 acquiring an additional 4,484 shares in the last quarter. Flow Traders U.S. LLC increased its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,168.1% in the third quarter. Flow Traders U.S. LLC now owns 416,916 shares of the company’s stock worth $10,144,000 after acquiring an additional 384,039 shares in the last quarter. IFP Advisors Inc bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter worth about $121,000. Park National Corp OH raised its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 2.0% during the fourth quarter. Park National Corp OH now owns 122,106 shares of the company’s stock worth $2,938,000 after purchasing an additional 2,344 shares during the period. Finally, CoreCap Advisors LLC raised its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 24.3% during the fourth quarter. CoreCap Advisors LLC now owns 25,298 shares of the company’s stock worth $609,000 after purchasing an additional 4,940 shares during the period.

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.