FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Trading Down 0.5% – Should You Sell?

Shares of FlexShares Core Select Bond Fund (NYSEARCA:BNDC) dropped 0.5% during mid-day trading on Tuesday . The company traded as low as $21.95 and last traded at $21.96. Approximately 31,325 shares were traded 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 Trading Down 0.5 %

The stock has a 50 day moving average of $22.54 and a 200-day moving average of $22.24.

Institutional Investors Weigh In On FlexShares Core Select Bond Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Cetera Advisors LLC bought a new stake in FlexShares Core Select Bond Fund during the 1st quarter valued at $491,000. Herold Advisors Inc. raised its position 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 purchasing an additional 1,373 shares in the last quarter. Occidental Asset Management LLC raised its position 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 purchasing an additional 35,188 shares in the last quarter. Stratos Wealth Advisors LLC raised its position 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 purchasing an additional 2,947 shares in the last quarter. Finally, Mutual Advisors LLC raised its position 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 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.