FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Unusually-High Trading Volume – What’s Next?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw an uptick in trading volume on Monday . 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 Stock Performance

The company has a 50-day moving average of $23.97 and a 200-day moving average of $23.86.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Grove Bank & Trust purchased a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the fourth quarter valued at approximately $34,000. JPMorgan Chase & Co. raised its holdings in 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 acquiring an additional 1,948 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter worth $320,000. Park National Corp OH boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 69.1% during the fourth quarter. Park National Corp OH now owns 80,241 shares of the company’s stock worth $1,893,000 after purchasing an additional 32,795 shares during the last quarter. Finally, West Paces Advisors Inc. grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 0.8% in the fourth quarter. West Paces Advisors Inc. now owns 1,127,700 shares of the company’s stock valued at $26,602,000 after purchasing an additional 9,216 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.