FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT – Get Free Report)’s stock price dropped 0.2% on Thursday . The stock traded as low as $24.13 and last traded at $24.19. Approximately 107,638 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 448,104 shares. The stock had previously closed at $24.23.
FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Trading Down 0.2%
The stock has a 50-day moving average price of $24.13 and a 200-day moving average price of $24.08.
Institutional Investors Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund
Several hedge funds have recently added to or reduced their stakes in TDTT. JPMorgan Chase & Co. grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 80.0% in 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. Morgan Dempsey Capital Management LLC purchased a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the second quarter valued at approximately $119,000. American National Bank & Trust bought a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 2nd quarter worth $261,000. OLD Mission Capital LLC purchased a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the first quarter valued at about $471,000. Finally, Whittier Trust Co. bought a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the second quarter worth about $484,000.
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.
Read More
- Five stocks we like better than FlexShares iBoxx 3 Year Target Duration TIPS Index Fund
- What Are Dividend Challengers?
- Golden Cross Alert: 3 Stocks With Serious Upside Potential
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Big Beat, Bigger Plans: AEP Stock Powers Up on Data Center Boom
- What is Short Interest? How to Use It
- Why Byrna Could Be the Top Defense Stock to Watch Now
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.
