FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Unusually-High Trading Volume – Should You Buy?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report) shares saw unusually-strong trading volume on Monday . Approximately 270,088 shares changed hands during trading, a decline of 5% from the previous session’s volume of 284,326 shares.The stock last traded at $24.20 and had previously closed at $24.22.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Trading Down 0.2 %

The stock has a fifty day simple moving average of $23.95 and a two-hundred day simple moving average of $23.85.

Hedge Funds Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several large investors have recently added to or reduced their stakes in the business. Grove Bank & Trust bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter worth approximately $34,000. JPMorgan Chase & Co. lifted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,873.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,052 shares of the company’s stock worth $49,000 after buying an additional 1,948 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter worth approximately $320,000. Park National Corp OH lifted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 69.1% during the 4th quarter. Park National Corp OH now owns 80,241 shares of the company’s stock worth $1,893,000 after buying an additional 32,795 shares in the last quarter. Finally, West Paces Advisors Inc. lifted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 0.8% during the 4th quarter. West Paces Advisors Inc. now owns 1,127,700 shares of the company’s stock worth $26,602,000 after buying an additional 9,216 shares in the last quarter.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Company Profile

(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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