FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Share Price Pass Below Two Hundred Day Moving Average – Here’s What Happened

FlexShares Core Select Bond Fund (NYSEARCA:BNDC)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $22.29 and traded as low as $22.22. FlexShares Core Select Bond Fund shares last traded at $22.32, with a volume of 30,561 shares.

FlexShares Core Select Bond Fund Stock Performance

The firm’s 50 day moving average is $22.27 and its 200-day moving average is $22.29.

Institutional Investors Weigh In On FlexShares Core Select Bond Fund

Several large investors have recently made changes to their positions in the business. ROI Financial Advisors LLC grew its holdings in FlexShares Core Select Bond Fund by 1.8% during the 3rd quarter. ROI Financial Advisors LLC now owns 37,722 shares of the company’s stock valued at $860,000 after purchasing an additional 665 shares in the last quarter. Mutual Advisors LLC boosted its stake in FlexShares Core Select Bond Fund by 9.2% during the 3rd quarter. Mutual Advisors LLC now owns 66,411 shares of the company’s stock valued at $1,476,000 after acquiring an additional 5,584 shares during the last quarter. Stratos Wealth Advisors LLC boosted its stake 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 valued at $855,000 after acquiring an additional 2,947 shares during the last quarter. Occidental Asset Management LLC boosted its stake in FlexShares Core Select Bond Fund by 5.1% during the 3rd 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 during the last quarter. Finally, Herold Advisors Inc. boosted its stake in FlexShares Core Select Bond Fund by 3.1% during the 2nd 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.

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.