FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sets New 12-Month Low – Time to Sell?

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTTGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $23.52 and last traded at $23.5240, with a volume of 3293 shares trading hands. The stock had previously closed at $23.72.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Up 0.0%

The company has a fifty day simple moving average of $23.83 and a 200 day simple moving average of $24.09.

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

Large investors have recently modified their holdings of the stock. BOKF NA grew its position 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 purchasing an additional 4,484 shares during the last quarter. Horizon Investments LLC raised its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% in the fourth quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after buying an additional 6,871 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 37.5% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 36,653 shares of the company’s stock worth $882,000 after buying an additional 10,000 shares during the last quarter. Virtue Capital Management LLC bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the fourth quarter worth approximately $253,000. Finally, Rossby Financial LCC bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the fourth quarter worth approximately $1,447,000.

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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