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

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

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. IFP Advisors Inc purchased a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth $121,000. Horizon Investments LLC raised 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 during the period. BOKF NA lifted its stake in 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 acquiring an additional 4,484 shares in the last quarter. Bessemer Group Inc. lifted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% during the 1st quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock worth $210,000 after acquiring an additional 6,697 shares in the last quarter. Finally, Virtue Capital Management LLC purchased a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter valued at about $253,000.

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.

Featured Stories

Receive News & Ratings for FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares iBoxx 3 Year Target Duration TIPS Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.