FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sets New 1-Year Low – What’s Next?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) shares reached a new 52-week low on Tuesday . The company traded as low as $23.82 and last traded at $23.83, with a volume of 192957 shares changing hands. The stock had previously closed at $23.89.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The business’s 50-day simple moving average is $24.20 and its two-hundred day simple moving average is $24.17.

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

A number of large investors have recently bought and sold shares of the business. Rock Creek Group LP acquired a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter worth about $50,000. IFP Advisors Inc acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter valued at approximately $121,000. Horizon Investments LLC increased its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% in the fourth 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 in the last quarter. BOKF NA increased its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% in the third quarter. BOKF NA now owns 8,433 shares of the company’s stock valued at $205,000 after buying an additional 4,484 shares in the last quarter. Finally, Bessemer Group Inc. raised its stake in shares of 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 buying an additional 6,697 shares during the period.

About FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

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.