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:TDTT) saw an uptick in trading volume on Wednesday . 236,267 shares traded hands during mid-day trading, an increase of 14% from the previous session’s volume of 207,845 shares.The stock last traded at $23.81 and had previously closed at $23.78.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

The stock has a fifty day simple moving average of $23.86 and a two-hundred day simple moving average of $23.72.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TDTT. Massmutual Trust Co. FSB ADV acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth approximately $72,000. Highline Wealth Partners LLC acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth approximately $274,000. Lynx Investment Advisory acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the second quarter worth approximately $739,000. Deane Retirement Strategies Inc. acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the second quarter worth approximately $3,664,000. Finally, Horizon Bancorp Inc. IN boosted its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 82.6% during the second quarter. Horizon Bancorp Inc. IN now owns 380,210 shares of the company’s stock worth $8,969,000 after acquiring an additional 171,983 shares during the last quarter.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Company Profile

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.