FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sets New 12-Month Low – Here’s What Happened

Shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report) hit a new 52-week low on Monday . The stock traded as low as $23.64 and last traded at $23.6450, with a volume of 124077 shares traded. The stock had previously closed at $23.67.

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

The business’s 50 day moving average is $23.89 and its 200-day moving average is $24.11.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. CoreCap Advisors LLC increased its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 14.3% during the 2nd quarter. CoreCap Advisors LLC now owns 33,820 shares of the company’s stock worth $809,000 after buying an additional 4,219 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% in the first quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock valued at $210,000 after acquiring an additional 6,697 shares in the last quarter. Horizon Bancorp Inc. IN boosted its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% in the first quarter. Horizon Bancorp Inc. IN now owns 366,585 shares of the company’s stock worth $8,886,000 after acquiring an additional 24,279 shares during the last quarter. Virtue Capital Management LLC acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the fourth quarter worth approximately $253,000. Finally, Rossby Financial LCC purchased a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the fourth quarter worth approximately $1,447,000.

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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