FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Trading 0.3% Higher

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT)’s share price rose 0.3% during mid-day trading on Thursday . The stock traded as high as $23.43 and last traded at $23.42. Approximately 148,850 shares were traded during trading, a decline of 29% from the average daily volume of 210,609 shares. The stock had previously closed at $23.36.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The business has a 50 day moving average price of $23.60 and a 200 day moving average price of $23.50.

Institutional Trading of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

A number of large investors have recently made changes to their positions in TDTT. Horizon Bancorp Inc. IN bought a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 1st quarter worth approximately $4,945,000. Indiana Trust & Investment Management CO boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,270.9% in the first quarter. Indiana Trust & Investment Management CO now owns 7,156 shares of the company’s stock valued at $170,000 after buying an additional 6,634 shares during the period. Greenleaf Trust increased its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 200.8% during the fourth quarter. Greenleaf Trust now owns 39,956 shares of the company’s stock worth $944,000 after acquiring an additional 26,673 shares in the last quarter. Archer Investment Corp raised its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 6.8% during the fourth quarter. Archer Investment Corp now owns 11,820 shares of the company’s stock worth $279,000 after acquiring an additional 755 shares during the period. Finally, Park National Corp OH lifted its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 4.6% in the 4th quarter. Park National Corp OH now owns 94,432 shares of the company’s stock valued at $2,230,000 after acquiring an additional 4,162 shares in the last quarter.

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.