FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI – Get Rating) shares saw unusually-strong trading volume on Friday . Approximately 110,795 shares traded hands during mid-day trading, an increase of 128% from the previous session's volume of 48,632 shares.The stock last traded at $74.73 and had previously closed at $74.71.
FlexShares Ultra-Short Income Fund Price Performance
The firm has a 50-day simple moving average of $74.74 and a two-hundred day simple moving average of $74.49.
Get FlexShares Ultra-Short Income Fund alerts:Hedge Funds Weigh In On FlexShares Ultra-Short Income Fund
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. OLD Mission Capital LLC acquired a new position in shares of FlexShares Ultra-Short Income Fund during the fourth quarter worth about $81,000. CIC Wealth LLC acquired a new position in shares of FlexShares Ultra-Short Income Fund during the fourth quarter worth about $222,000. Money Concepts Capital Corp purchased a new stake in FlexShares Ultra-Short Income Fund during the fourth quarter worth approximately $30,000. Morgan Stanley lifted its stake in FlexShares Ultra-Short Income Fund by 20.0% during the fourth quarter. Morgan Stanley now owns 167,721 shares of the company's stock worth $12,478,000 after purchasing an additional 27,979 shares during the last quarter. Finally, Cetera Advisor Networks LLC purchased a new stake in FlexShares Ultra-Short Income Fund during the fourth quarter worth approximately $303,000.
About FlexShares Ultra-Short Income Fund
(Get Rating)
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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