FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Trading Down 0% – Here’s What Happened

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT)’s share price dropped 0% during mid-day trading on Monday . The company traded as low as $24.10 and last traded at $24.11. Approximately 289,006 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 390,434 shares. The stock had previously closed at $24.12.

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

The firm’s fifty day simple moving average is $24.22 and its 200 day simple moving average is $24.23.

Hedge Funds Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several large investors have recently bought and sold shares of the business. IFP Advisors Inc acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter valued at $121,000. Flow Traders U.S. LLC increased its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,168.1% in the 3rd quarter. Flow Traders U.S. LLC now owns 416,916 shares of the company’s stock valued at $10,144,000 after acquiring an additional 384,039 shares during the last quarter. BOKF NA increased its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% in the 3rd quarter. BOKF NA now owns 8,433 shares of the company’s stock valued at $205,000 after acquiring an additional 4,484 shares during the last quarter. Rock Creek Group LP acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter worth about $50,000. Finally, Lake Street Private Wealth LLC boosted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 4.8% in the third quarter. Lake Street Private Wealth LLC now owns 172,116 shares of the company’s stock valued at $4,188,000 after purchasing an additional 7,912 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.