FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Large Volume Increase – Should You Buy?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report) shares saw an uptick in trading volume on Monday . 710,441 shares traded hands during mid-day trading, an increase of 227% from the previous session’s volume of 217,317 shares.The stock last traded at $23.53 and had previously closed at $23.55.

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

The firm has a fifty day moving average price of $23.76 and a 200 day moving average price of $23.75.

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

Several hedge funds have recently made changes to their positions in the company. Massmutual Trust Co. FSB ADV acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at $72,000. Highline Wealth Partners LLC purchased a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at about $274,000. Lynx Investment Advisory lifted its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 17.2% in the third quarter. Lynx Investment Advisory now owns 36,727 shares of the company’s stock valued at $883,000 after buying an additional 5,402 shares during the last quarter. Finally, Horizon Bancorp Inc. IN boosted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 19.5% during the third quarter. Horizon Bancorp Inc. IN now owns 454,437 shares of the company’s stock worth $10,929,000 after buying an additional 74,227 shares during the period.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Company Profile

(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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