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:TDTTGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $23.68 and last traded at $23.6950, with a volume of 14173 shares trading hands. The stock had previously closed at $23.91.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

The business has a 50-day moving average price of $24.15 and a two-hundred day moving average price of $24.16.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Park National Corp OH raised its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 2.0% during the 4th 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 last quarter. BOKF NA grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% during the 3rd 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 period. CoreCap Advisors LLC grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 24.3% during the 4th quarter. CoreCap Advisors LLC now owns 25,298 shares of the company’s stock worth $609,000 after buying an additional 4,940 shares during the period. IFP Advisors Inc bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth approximately $121,000. Finally, Bessemer Group Inc. raised its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% during 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 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.

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