FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Strong Trading Volume – Time to Buy?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report) shares saw unusually-strong trading volume on Monday . Approximately 270,088 shares traded hands during trading, a decline of 5% from the previous session’s volume of 284,326 shares.The stock last traded at $24.20 and had previously closed at $24.22.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The business has a fifty day moving average of $23.97 and a 200-day moving average of $23.86.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Grove Bank & Trust acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the fourth quarter valued at $34,000. JPMorgan Chase & Co. increased its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 80.0% during the 4th quarter. JPMorgan Chase & Co. now owns 3,694 shares of the company’s stock valued at $87,000 after buying an additional 1,642 shares during the period. West Paces Advisors Inc. raised its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 0.8% during the 4th quarter. West Paces Advisors Inc. now owns 1,127,700 shares of the company’s stock worth $26,602,000 after buying an additional 9,216 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter worth approximately $320,000. Finally, Park National Corp OH boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 69.1% in the fourth quarter. Park National Corp OH now owns 80,241 shares of the company’s stock valued at $1,893,000 after acquiring an additional 32,795 shares in the last quarter.

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.

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