FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Strong Trading Volume – Still a Buy?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) shares saw strong trading volume on Friday . 170,510 shares were traded during trading, a decline of 6% from the previous session’s volume of 181,503 shares.The stock last traded at $23.63 and had previously closed at $23.66.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The business has a 50 day moving average price of $23.70 and a 200 day moving average price of $23.76.

Institutional Investors Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several large investors have recently bought and sold shares of TDTT. Massmutual Trust Co. FSB ADV bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at $72,000. Horizon Bancorp Inc. IN increased 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 worth $10,929,000 after acquiring an additional 74,227 shares in the last quarter. Highline Wealth Partners LLC acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth about $274,000. Lynx Investment Advisory lifted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 17.2% during the 3rd 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 in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,873.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,052 shares of the company’s stock valued at $49,000 after purchasing an additional 1,948 shares during the period.

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.