FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Hits New 1-Year High at $24.04

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as $24.04 and last traded at $24.04, with a volume of 7905 shares trading hands. The stock had previously closed at $24.00.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

The firm has a fifty day moving average price of $23.73 and a two-hundred day moving average price of $23.62.

Institutional Investors Weigh In On 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 increased its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 82.6% in the 2nd quarter. Horizon Bancorp Inc. IN now owns 380,210 shares of the company’s stock worth $8,969,000 after purchasing an additional 171,983 shares in the last quarter. Deane Retirement Strategies Inc. bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the second quarter worth about $3,664,000. Lynx Investment Advisory purchased a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 2nd quarter valued at about $739,000. Finally, Indiana Trust & Investment Management CO lifted 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 buying an additional 6,634 shares in the last quarter.

About FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

(Get Free Report)

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.

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