FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Shares Down 0.2%

FlexShares Core Select Bond Fund (NYSEARCA:BNDC)’s stock price traded down 0.2% during mid-day trading on Monday . The stock traded as low as $22.79 and last traded at $22.79. 1,636 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 20,250 shares. The stock had previously closed at $22.84.

FlexShares Core Select Bond Fund Trading Down 0.2 %

The stock has a fifty day moving average of $22.63 and a 200 day moving average of $22.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cetera Advisors LLC purchased a new stake in shares of FlexShares Core Select Bond Fund in the first quarter worth about $491,000. ROI Financial Advisors LLC acquired a new stake in shares of FlexShares Core Select Bond Fund during the 4th quarter worth approximately $961,000. Finally, Herold Advisors Inc. lifted its stake in shares of FlexShares Core Select Bond Fund by 3.1% in the 2nd quarter. Herold Advisors Inc. now owns 45,211 shares of the company’s stock valued at $990,000 after purchasing an additional 1,373 shares during the period.

FlexShares Core Select Bond Fund Company Profile

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.