FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Trading Down 0.1%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT)’s share price fell 0.1% during mid-day trading on Thursday . The stock traded as low as $23.52 and last traded at $23.53. 100,613 shares changed hands during trading, a decline of 51% from the average session volume of 207,437 shares. The stock had previously closed at $23.57.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

The stock has a 50 day moving average price of $23.57 and a 200 day moving average price of $23.54.

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

Several hedge funds have recently added to or reduced their stakes in TDTT. Indiana Trust & Investment Management CO grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,270.9% during the 1st quarter. Indiana Trust & Investment Management CO now owns 7,156 shares of the company’s stock valued at $170,000 after acquiring an additional 6,634 shares during the period. Archer Investment Corp grew its holdings in 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 valued at $279,000 after purchasing an additional 755 shares during the period. Greenleaf Trust increased its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 200.8% in the fourth quarter. Greenleaf Trust now owns 39,956 shares of the company’s stock worth $944,000 after buying an additional 26,673 shares during the last quarter. Park National Corp OH raised its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 4.6% in the fourth quarter. Park National Corp OH now owns 94,432 shares of the company’s stock valued at $2,230,000 after buying an additional 4,162 shares during the period. Finally, Horizon Bancorp Inc. IN purchased a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 1st quarter valued at $4,945,000.

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.