FlexShares Ultra Short Income Fund (NYSEARCA:RAVI) Trading 0.1% Higher

Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI – Get Free Report ) were up 0.1% during mid-day trading on Friday. The stock traded as high as $75.42 and last traded at $75.41. About 71,362 shares traded hands during mid-day trading, up 23% from the average daily volume of 58,011 shares. Shares previously closed at $75.35.

FlexShares Ultra Short Income Fund Price Performance

The company’s 50-day simple moving average is $75.34, and its 200-day simple moving average is $75.31.

Institutional inputs and outputs

Several institutional investors and hedge funds have recently bought and sold shares of the company. Comerica Bank increased its position in FlexShares Ultra-Short Income Fund by 36.8% in the first quarter. Comerica Bank now owns 617 shares of the company’s stock worth $47,000 after acquiring an additional 166 shares during the period. Cetera Advisors LLC acquired a new stake in shares of FlexShares Ultra-Short Income Fund in the first quarter worth $210,000. Signature Estate & Investment Advisors LLC bought a new position in FlexShares Ultra-Short Income Fund in the second quarter valued at $212,000. Freestone Capital Holdings LLC purchased a new position in FlexShares Ultra-Short Income Fund in the first quarter valued at $228,000. Finally, Keynote Financial Services LLC bought a new stake in FlexShares Ultra-Short Income Fund in the first quarter valued at about $273,000.

About FlexShares Ultra Short Income Fund

(Get a free report)

The FlexShares Ready Access Variable Income Fund (RAVI) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond Index. The fund is an actively managed fund that invests in an ultra-short-term portfolio of investment-grade public and private debt issued domestically and abroad.

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