BNDC Stock Summary and Trading Ideas (Flexshares Core Select Bond | ARCA:BNDC)

FlexShares Core Select Bond Fund (BNDC) seeks total return and preservation of capital. Construct a fixed income portfolio, based on Northern Trusts forecast, implementing active top down decisions primarily using passively managed, rules based fixed income sector ETFs. Actively manage portfolio adjusting to potential changes in interest rate levels, the shape of the yield curve and credit spread relationships while emphasizing liquidity and diversification.

Flexshares Core Select Bond trades on the ARCA stock market under the symbol BNDC.

As of April 24, 2024, BNDC stock price declined to $21.47 with 12,386 million shares trading.

BNDC has a beta of 0.32, meaning it tends to be less sensitive to market movements. BNDC has a correlation of 0.32 to the broad based SPY ETF.

BNDC has a market cap of $167.47 million. This is considered a Micro Cap stock.

In the last 3 years, BNDC stock traded as high as $26.84 and as low as $20.61.

BNDC has underperformed the market in the last year with a return of -0.8%, while the SPY ETF gained +24.4%. In the last 3 month period, BNDC fell short of the market, returning -1.9%, while SPY returned +4.7%. However, in the most recent 2 weeks BNDC has outperformed the stock market by returning -1.7%, while SPY returned -2.6%.

BNDC support price is $21.46 and resistance is $21.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BNDC stock will trade within this expected range on the day.