FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Large Volume Increase – Here’s What Happened

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) shares 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 moving average is $24.13 and its two-hundred day moving average is $24.16.

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

Hedge funds have recently bought and sold shares of the company. Flow Traders U.S. LLC boosted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,168.1% during the third quarter. Flow Traders U.S. LLC now owns 416,916 shares of the company’s stock worth $10,144,000 after purchasing an additional 384,039 shares in the last quarter. Rossby Financial LCC acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter worth $1,447,000. Horizon Bancorp Inc. IN raised its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% during the 1st quarter. Horizon Bancorp Inc. IN now owns 366,585 shares of the company’s stock worth $8,886,000 after buying an additional 24,279 shares during the period. Virtue Capital Management LLC acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter worth $253,000. Finally, Dorsey & Whitney Trust CO LLC lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 37.5% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 36,653 shares of the company’s stock worth $882,000 after acquiring an additional 10,000 shares in the last quarter.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Company Profile

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.