FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Shares Down 0.4%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Rating)’s stock price were down 0.4% on Monday . The stock traded as low as $24.08 and last traded at $24.08. Approximately 613,726 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 554,450 shares. The stock had previously closed at $24.18.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The stock’s 50-day moving average is $23.80 and its 200 day moving average is $23.68.

Institutional Investors Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of TDTT. First Horizon Advisors Inc. increased its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 596.1% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,868 shares of the company’s stock valued at $67,000 after purchasing an additional 2,456 shares in the last quarter. Greenleaf Trust acquired a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth about $3,377,000. SVB Wealth LLC lifted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 38.6% in the third quarter. SVB Wealth LLC now owns 73,873 shares of the company’s stock valued at $1,727,000 after purchasing an additional 20,575 shares in the last quarter. Fure Financial Corp acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter valued at approximately $2,158,000. Finally, Cullen Frost Bankers Inc. increased its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,695.7% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 10,774 shares of the company’s stock worth $252,000 after purchasing an additional 10,174 shares in the last quarter.

About FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

(Get Rating)

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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