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

Shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw unusually-high trading volume on Thursday . Approximately 106,799 shares were traded during trading, a decline of 59% from the previous session’s volume of 260,949 shares.The stock last traded at $23.74 and had previously closed at $23.74.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Trading Up 0.1 %

The stock has a 50 day moving average of $23.70 and a 200-day moving average of $23.76.

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

A number of institutional investors and hedge funds have recently modified their holdings of TDTT. Horizon Bancorp Inc. IN raised its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 19.5% during the 3rd quarter. Horizon Bancorp Inc. IN now owns 454,437 shares of the company’s stock valued at $10,929,000 after purchasing an additional 74,227 shares in the last quarter. Park National Corp OH raised its position in 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 valued at $1,893,000 after purchasing an additional 32,795 shares in the last quarter. Highline Wealth Partners LLC bought a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter valued at $274,000. Lynx Investment Advisory raised its position in 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, Massmutual Trust Co. FSB ADV bought a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter valued at $72,000.

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.