FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Hits New 52-Week Low – What’s Next?

by · The Markets Daily

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT – Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as $23.64 and last traded at $23.6450, with a volume of 124077 shares. The stock had previously closed at $23.67.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Trading Down 0.1%

The firm’s 50-day moving average price is $23.91 and its two-hundred day moving average price is $24.11.

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

Institutional investors have recently made changes to their positions in the company. BOKF NA grew its position 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 worth $205,000 after acquiring an additional 4,484 shares during the period. 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. CoreCap Advisors LLC lifted its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 24.3% in the 4th 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. Horizon Investments LLC grew its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% during the 4th quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after purchasing an additional 6,871 shares during the period. Finally, Dorsey & Whitney Trust CO LLC grew its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 37.5% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,653 shares of the company’s stock worth $882,000 after purchasing an additional 10,000 shares during the period.

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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