FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Large Volume Increase – Time to Buy?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw unusually-high trading volume on Monday . Approximately 710,441 shares were traded during mid-day trading, an increase of 227% from the previous session’s volume of 217,317 shares.The stock last traded at $23.53 and had previously closed at $23.55.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Down 0.0 %

The firm has a 50 day moving average price of $23.77 and a 200 day moving average price of $23.75.

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

Several institutional investors and hedge funds have recently modified their holdings of TDTT. Massmutual Trust Co. FSB ADV bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter valued at approximately $72,000. Horizon Bancorp Inc. IN grew its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 19.5% in the third 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 in the last quarter. Highline Wealth Partners LLC bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter valued at approximately $274,000. Finally, Lynx Investment Advisory grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 17.2% during 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 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.