FlexShares Core Select Bond Fund (NYSEARCA:BNDC – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,143 shares, a drop of 69.9% from the July 30th total of 7,112 shares. Based on an average daily volume of 9,934 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.
FlexShares Core Select Bond Fund Trading Down 0.1%
NYSEARCA:BNDC traded down $0.01 during midday trading on Thursday, reaching $21.82. 4,255 shares of the stock traded hands, compared to its average volume of 15,881. The company has a fifty day moving average of $21.88 and a 200 day moving average of $22.11. FlexShares Core Select Bond Fund has a 12 month low of $21.64 and a 12 month high of $22.73.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. GeoWealth Management LLC purchased a new stake in shares of FlexShares Core Select Bond Fund in the 3rd quarter worth about $29,000. Wealth Watch Advisors INC purchased a new stake in FlexShares Core Select Bond Fund in the fourth quarter worth about $38,000. Fifth Third Bancorp purchased a new position in FlexShares Core Select Bond Fund during the first quarter valued at $100,000. WealthPlan Investment Management LLC bought a new position in FlexShares Core Select Bond Fund in the 4th quarter worth about $278,000. Finally, Patriot Financial Group Insurance Agency LLC purchased a new stake in FlexShares Core Select Bond Fund during the 1st quarter valued at $422,000.
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. BNDC was launched on Nov 18, 2016 and is managed by FlexShares.
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