FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Unusually-High Trading Volume – Here’s Why

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw strong trading volume on Tuesday . 398,839 shares traded hands during mid-day trading, an increase of 61% from the previous session’s volume of 247,146 shares.The stock last traded at $23.9250 and had previously closed at $23.93.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

The firm’s 50 day simple moving average is $24.16 and its 200-day simple moving average is $24.16.

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

Large investors have recently added to or reduced their stakes in the stock. Park National Corp OH grew its stake 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 valued at $2,938,000 after acquiring an additional 2,344 shares in the last quarter. BOKF NA boosted its holdings in 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 purchasing an additional 4,484 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 24.3% in the fourth quarter. CoreCap Advisors LLC now owns 25,298 shares of the company’s stock valued at $609,000 after purchasing an additional 4,940 shares during the last quarter. IFP Advisors Inc acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter valued at approximately $121,000. Finally, Bessemer Group Inc. grew its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% during the 1st quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock valued at $210,000 after purchasing an additional 6,697 shares in the last quarter.

About FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

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.