FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Trading Down 0.2% – Here’s What Happened

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT)’s share price fell 0.2% on Friday . The company traded as low as $24.23 and last traded at $24.24. 304,042 shares traded hands during trading, a decline of 1% from the average session volume of 308,449 shares. The stock had previously closed at $24.28.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Trading Down 0.2%

The business’s 50-day moving average price is $24.18 and its 200 day moving average price is $24.21.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC boosted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 24.3% during the 4th quarter. CoreCap Advisors LLC now owns 25,298 shares of the company’s stock valued at $609,000 after acquiring an additional 4,940 shares during the last quarter. Park National Corp OH increased its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 2.0% in the fourth quarter. Park National Corp OH now owns 122,106 shares of the company’s stock worth $2,938,000 after purchasing an additional 2,344 shares during the last quarter. IFP Advisors Inc purchased a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter valued at approximately $121,000. Flow Traders U.S. LLC raised its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,168.1% in the third quarter. Flow Traders U.S. LLC now owns 416,916 shares of the company’s stock valued at $10,144,000 after purchasing an additional 384,039 shares in the last quarter. Finally, BOKF NA lifted its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% during the third quarter. BOKF NA now owns 8,433 shares of the company’s stock valued at $205,000 after purchasing an additional 4,484 shares during the last quarter.

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.