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

FlexShares Core Select Bond Fund (NYSEARCA:BNDC)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 Price Performance

The stock has a 50 day simple moving average of $22.25 and a two-hundred day simple moving average of $22.29.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. ROI Financial Advisors LLC boosted its holdings in shares of FlexShares Core Select Bond Fund by 1.8% during the third quarter. ROI Financial Advisors LLC now owns 37,722 shares of the company’s stock worth $860,000 after acquiring an additional 665 shares during the period. Herold Advisors Inc. grew its holdings in 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 buying an additional 1,373 shares in the last quarter. Stratos Wealth Advisors LLC lifted its holdings in shares of FlexShares Core Select Bond Fund by 8.5% during the third quarter. Stratos Wealth Advisors LLC now owns 37,538 shares of the company’s stock worth $855,000 after buying an additional 2,947 shares in the last quarter. Mutual Advisors LLC boosted its position in shares of FlexShares Core Select Bond Fund by 9.2% in the third 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 period. Finally, Cetera Advisors LLC acquired a new position in shares of FlexShares Core Select Bond Fund in the first quarter valued at about $491,000.

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.