FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 4,361 shares, a drop of 78.4% from the July 30th total of 20,167 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 191,782 shares, the days-to-cover ratio is currently 0.0 days.
Hedge Funds Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund
A number of hedge funds have recently modified their holdings of TDTT. Horizon Investments LLC grew its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% in the fourth quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after purchasing an additional 6,871 shares during the last quarter. BOKF NA lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% during the 3rd quarter. BOKF NA now owns 8,433 shares of the company’s stock worth $205,000 after buying an additional 4,484 shares during the period. Bessemer Group Inc. lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% during the 1st quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock worth $210,000 after buying an additional 6,697 shares during the period. Virtue Capital Management LLC bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter valued at about $253,000. Finally, Wedbush Securities Inc. increased its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3.2% in the second quarter. Wedbush Securities Inc. now owns 16,906 shares of the company’s stock valued at $404,000 after buying an additional 521 shares during the period.
FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Down 0.1%
NYSEARCA:TDTT traded down $0.01 during mid-day trading on Thursday, hitting $23.59. 172,009 shares of the company’s stock were exchanged, compared to its average volume of 238,022. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a fifty-two week low of $23.51 and a fifty-two week high of $24.51. The company has a 50 day simple moving average of $23.68 and a 200-day simple moving average of $24.03.
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.
Recommended Stories
- Five stocks we like better than FlexShares iBoxx 3 Year Target Duration TIPS Index Fund
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares iBoxx 3 Year Target Duration TIPS Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.
