FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Strong Trading Volume

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) shares saw strong trading volume on Tuesday . 99,179 shares were traded during trading, a decline of 44% from the previous session’s volume of 178,008 shares.The stock last traded at $23.76 and had previously closed at $23.74.

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

The company’s fifty day moving average is $23.58 and its 200 day moving average is $23.58.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Horizon Bancorp Inc. IN grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 82.6% in the 2nd quarter. Horizon Bancorp Inc. IN now owns 380,210 shares of the company’s stock valued at $8,969,000 after acquiring an additional 171,983 shares during the period. Deane Retirement Strategies Inc. bought a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the second quarter worth about $3,664,000. Lynx Investment Advisory acquired a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the second quarter worth approximately $739,000. Indiana Trust & Investment Management CO raised its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,270.9% in the first quarter. Indiana Trust & Investment Management CO now owns 7,156 shares of the company’s stock valued at $170,000 after buying an additional 6,634 shares during the period. Finally, Greenleaf Trust lifted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 200.8% in the fourth quarter. Greenleaf Trust now owns 39,956 shares of the company’s stock valued at $944,000 after buying an additional 26,673 shares during 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.