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

Shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report) saw strong trading volume on Monday . 710,441 shares were traded during 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 Price Performance

The stock’s 50-day moving average is $23.76 and its two-hundred day moving average is $23.75.

Institutional Inflows and Outflows

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

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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