FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Large Volume Increase – What’s Next?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw strong trading volume on Monday . 283,832 shares changed hands during mid-day trading, an increase of 29% from the previous session’s volume of 220,523 shares.The stock last traded at $23.61 and had previously closed at $23.56.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Up 0.1 %

The business has a 50 day moving average price of $23.74 and a two-hundred day moving average price of $23.75.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,873.1% in the third quarter. JPMorgan Chase & Co. now owns 2,052 shares of the company’s stock worth $49,000 after acquiring an additional 1,948 shares during the period. Massmutual Trust Co. FSB ADV purchased a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter worth approximately $72,000. Highline Wealth Partners LLC bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter worth approximately $274,000. Lynx Investment Advisory lifted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 17.2% in the third quarter. Lynx Investment Advisory now owns 36,727 shares of the company’s stock valued at $883,000 after purchasing an additional 5,402 shares during the last quarter. Finally, Horizon Bancorp Inc. IN raised its stake 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 period.

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.