FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Shares Down 0% – What’s Next?

Shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) were down 0% during mid-day trading on Monday . The company traded as low as $24.00 and last traded at $24.01. Approximately 277,709 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 360,278 shares. The stock had previously closed at $24.02.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Down 0.0%

The business’s 50 day moving average price is $24.11 and its 200-day moving average price is $23.97.

Hedge Funds Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

A number of hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 80.0% during the 4th quarter. JPMorgan Chase & Co. now owns 3,694 shares of the company’s stock worth $87,000 after acquiring an additional 1,642 shares during the last quarter. Lynx Investment Advisory grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 12.8% during the 1st quarter. Lynx Investment Advisory now owns 32,812 shares of the company’s stock worth $800,000 after acquiring an additional 3,736 shares during the last quarter. West Paces Advisors Inc. grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 0.8% during the 4th quarter. West Paces Advisors Inc. now owns 1,127,700 shares of the company’s stock worth $26,602,000 after acquiring an additional 9,216 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter worth about $320,000. Finally, OLD Mission Capital LLC bought a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 1st quarter worth about $471,000.

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.