FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Hits New 52-Week Low – Time to Sell?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $23.85 and last traded at $23.9190, with a volume of 146418 shares trading hands. The stock had previously closed at $23.97.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Down 0.6%

The firm has a fifty day moving average of $24.23 and a two-hundred day moving average of $24.18.

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

Institutional investors have recently made changes to their positions in the stock. Rock Creek Group LP bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter valued at $50,000. IFP Advisors Inc bought a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter worth about $121,000. Horizon Investments LLC boosted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% in the 4th quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after purchasing an additional 6,871 shares during the period. BOKF NA grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% during the 3rd quarter. BOKF NA now owns 8,433 shares of the company’s stock valued at $205,000 after buying an additional 4,484 shares in the last quarter. Finally, Bessemer Group Inc. grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% during the 1st quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock valued at $210,000 after buying an additional 6,697 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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