FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Analysis and Performance

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) experienced a slight drop in shares during trading on Friday, with a 0.1% decrease in value. The stock traded as low as $23.48 and closed at $23.49, with a total of 93,360 shares traded during mid-day trading.

The company has a 50-day moving average of $23.51 and a two-hundred day moving average of $23.57. Despite the drop in shares, a number of institutional investors have recently modified their holdings of the company, including Horizon Bancorp Inc. IN, Indiana Trust & Investment Management CO, Greenleaf Trust, Archer Investment Corp, and Park National Corp OH.

The FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) is an exchange-traded fund that tracks an index of inflation-protected US government debt with maturity dates of 1-10 years. Managed by FlexShares, the fund was launched on Sep 19, 2011.

Investors are keeping a close eye on the performance of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund as it navigates the market fluctuations. Stay updated with the latest news and ratings by subscribing to MarketBeat.com’s FREE daily email newsletter.