FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Shares Pass Below 200 Day Moving Average – What’s Next?

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $22.27 and traded as low as $22.10. FlexShares Core Select Bond Fund shares last traded at $22.16, with a volume of 35,356 shares.

FlexShares Core Select Bond Fund Stock Up 0.3 %

The business’s 50 day moving average is $22.33 and its two-hundred day moving average is $22.27.

Institutional Trading of FlexShares Core Select Bond Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in BNDC. Cetera Advisors LLC purchased a new position in FlexShares Core Select Bond Fund during the 1st quarter valued at about $491,000. Herold Advisors Inc. boosted its position in shares of FlexShares Core Select Bond Fund by 3.1% in 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 period. Occidental Asset Management LLC grew its stake in FlexShares Core Select Bond Fund by 5.1% during the third quarter. Occidental Asset Management LLC now owns 723,454 shares of the company’s stock valued at $16,486,000 after acquiring an additional 35,188 shares in the last quarter. Stratos Wealth Advisors LLC increased its holdings in FlexShares Core Select Bond Fund by 8.5% during 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 period. Finally, Mutual Advisors LLC lifted its stake in FlexShares Core Select Bond Fund by 9.2% in the 3rd quarter. Mutual Advisors LLC now owns 66,411 shares of the company’s stock worth $1,476,000 after purchasing an additional 5,584 shares in 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.