FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Trading Up 0.3%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) shot up 0.3% during mid-day trading on Friday . The stock traded as high as $23.57 and last traded at $23.56. 35,034 shares were traded during mid-day trading, a decline of 82% from the average session volume of 191,774 shares. The stock had previously closed at $23.48.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

The business has a 50-day moving average price of $23.51 and a 200 day moving average price of $23.58.

Institutional Trading of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several hedge funds and other institutional investors have recently modified their holdings of TDTT. Park National Corp OH boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 4.6% during the fourth quarter. Park National Corp OH now owns 94,432 shares of the company’s stock worth $2,230,000 after purchasing an additional 4,162 shares during the period. Archer Investment Corp grew its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 6.8% during the 4th quarter. Archer Investment Corp now owns 11,820 shares of the company’s stock valued at $279,000 after acquiring an additional 755 shares in the last quarter. Greenleaf Trust increased its stake 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 worth $944,000 after acquiring an additional 26,673 shares during the last quarter. Indiana Trust & Investment Management CO raised its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,270.9% during the first quarter. Indiana Trust & Investment Management CO now owns 7,156 shares of the company’s stock worth $170,000 after acquiring an additional 6,634 shares in the last quarter. Finally, Horizon Bancorp Inc. IN acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the first quarter valued at $4,945,000.

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.