FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Trading Down 0.7%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT – Get Rating)’s share price dropped 0.7% on Thursday . The company traded as low as $23.81 and last traded at $23.82. Approximately 764,459 shares were traded during mid-day trading, an increase of 37% from the average daily volume of 559,405 shares. The stock had previously closed at $24.00.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The business’s 50-day simple moving average is $23.69 and its two-hundred day simple moving average is $23.69.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Absolute Capital Management LLC acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter worth $28,000. First Horizon Advisors Inc. boosted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 596.1% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,868 shares of the company’s stock valued at $67,000 after acquiring an additional 2,456 shares in the last quarter. Private Trust Co. NA acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 2nd quarter valued at about $87,000. North Star Investment Management Corp. acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter valued at about $100,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter valued at about $210,000.