FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Trading Down 0.5% – Here’s What Happened

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) shares dropped 0.5% during trading on Tuesday . The stock traded as low as $21.95 and last traded at $21.96. Approximately 31,325 shares changed hands during trading, an increase of 63% from the average daily volume of 19,237 shares. The stock had previously closed at $22.07.

FlexShares Core Select Bond Fund Stock Down 0.1 %

The business has a fifty day simple moving average of $22.51 and a two-hundred day simple moving average of $22.24.

Institutional Investors Weigh In On FlexShares Core Select Bond Fund

A number of hedge funds have recently modified their holdings of BNDC. Occidental Asset Management LLC lifted its stake in shares of FlexShares Core Select Bond Fund by 5.1% in the 3rd quarter. Occidental Asset Management LLC now owns 723,454 shares of the company’s stock valued at $16,486,000 after purchasing an additional 35,188 shares during the last quarter. Mutual Advisors LLC boosted its stake in FlexShares Core Select Bond Fund by 9.2% during the third quarter. Mutual Advisors LLC now owns 66,411 shares of the company’s stock worth $1,476,000 after buying an additional 5,584 shares during the period. Herold Advisors Inc. increased its position in shares of FlexShares Core Select Bond Fund by 3.1% during the second quarter. Herold Advisors Inc. now owns 45,211 shares of the company’s stock valued at $990,000 after acquiring an additional 1,373 shares during the last quarter. ROI Financial Advisors LLC raised its stake in shares of FlexShares Core Select Bond Fund by 1.8% in the 3rd quarter. ROI Financial Advisors LLC now owns 37,722 shares of the company’s stock valued at $860,000 after acquiring an additional 665 shares during the period. Finally, Stratos Wealth Advisors LLC lifted its holdings in shares of FlexShares Core Select Bond Fund by 8.5% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 37,538 shares of the company’s stock worth $855,000 after acquiring an additional 2,947 shares during the last quarter.

About FlexShares Core Select Bond Fund

The FlexShares Core Select Bond Fund (BNDC) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively-managed fund-of-funds that invests in various USD-denominated investment-grade fixed income ETFs to generate risk-adjusted returns. The fund does not have a duration or sector allocation target.