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

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report) shares reached a new 52-week low on Friday . The company traded as low as $23.94 and last traded at $23.95, with a volume of 59431 shares traded. The stock had previously closed at $24.02.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

The business’s 50-day moving average is $24.26 and its two-hundred day moving average is $24.19.

Hedge Funds Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Institutional investors have recently bought and sold shares of the company. Rock Creek Group LP purchased a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth about $50,000. Bessemer Group Inc. acquired a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter worth approximately $63,000. IFP Advisors Inc acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at $121,000. Horizon Investments LLC boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% in the 4th quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock valued at $170,000 after buying an additional 6,871 shares in the last quarter. Finally, BOKF NA boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% in the 3rd quarter. BOKF NA now owns 8,433 shares of the company’s stock valued at $205,000 after buying an additional 4,484 shares in 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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