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

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $23.85 and last traded at $23.9190, with a volume of 146418 shares traded. The stock had previously closed at $23.97.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The business’s 50-day moving average price is $24.23 and its 200 day moving average price is $24.18.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TDTT. Flow Traders U.S. LLC grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,168.1% during the 3rd quarter. Flow Traders U.S. LLC now owns 416,916 shares of the company’s stock valued at $10,144,000 after purchasing an additional 384,039 shares in the last quarter. Horizon Bancorp Inc. IN raised its position 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 buying an additional 24,279 shares in the last quarter. Lake Street Private Wealth LLC boosted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 4.8% during the third quarter. Lake Street Private Wealth LLC now owns 172,116 shares of the company’s stock valued at $4,188,000 after buying an additional 7,912 shares during the period. Park National Corp OH boosted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 2.0% during the fourth quarter. Park National Corp OH now owns 122,106 shares of the company’s stock valued at $2,938,000 after buying an additional 2,344 shares during the period. Finally, Rossby Financial LCC purchased a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the fourth quarter worth about $1,447,000.

About FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

(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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