Shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as $23.20 and last traded at $23.2050, with a volume of 74232 shares. The stock had previously closed at $23.25.
FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Down 0.2%
The company’s 50 day moving average price is $23.53 and its two-hundred day moving average price is $23.91.
Hedge Funds Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund
Several large investors have recently made changes to their positions in TDTT. Wedbush Securities Inc. boosted its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3.2% during the 2nd quarter. Wedbush Securities Inc. now owns 16,906 shares of the company’s stock worth $404,000 after purchasing an additional 521 shares during the period. CoreCap Advisors LLC increased its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 14.3% in the second quarter. CoreCap Advisors LLC now owns 33,820 shares of the company’s stock worth $809,000 after purchasing an additional 4,219 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 valued at $210,000 after buying an additional 6,697 shares in the last quarter. SVB Wealth LLC bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the second quarter valued at approximately $239,000. Finally, Horizon Bancorp Inc. IN raised its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% during the 1st quarter. Horizon Bancorp Inc. IN now owns 366,585 shares of the company’s stock valued at $8,886,000 after purchasing an additional 24,279 shares in the last quarter.
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.
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