Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI – Get Rating) were up 0% during mid-day trading on Wednesday . The company traded as high as $74.91 and last traded at $74.89. Approximately 55,172 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 53,153 shares. The stock had previously closed at $74.86.
FlexShares Ultra-Short Income Fund Price Performance
The stock has a 50-day moving average of $74.75 and a 200-day moving average of $74.54.
Get FlexShares Ultra-Short Income Fund alerts:Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in RAVI. Cambridge Investment Research Advisors Inc. increased its stake in FlexShares Ultra-Short Income Fund by 56.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 15,317 shares of the company's stock valued at $1,147,000 after acquiring an additional 5,552 shares during the last quarter. Cetera Investment Advisers increased its stake in FlexShares Ultra-Short Income Fund by 6.9% in the first quarter. Cetera Investment Advisers now owns 6,764 shares of the company's stock valued at $506,000 after acquiring an additional 436 shares during the last quarter. Northern Trust Corp increased its stake in FlexShares Ultra-Short Income Fund by 68.5% in the first quarter. Northern Trust Corp now owns 5,165,630 shares of the company's stock valued at $5,578,000 after acquiring an additional 2,100,202 shares during the last quarter. UBS Group AG increased its stake in FlexShares Ultra-Short Income Fund by 22.3% in the first quarter. UBS Group AG now owns 24,743 shares of the company's stock valued at $1,852,000 after acquiring an additional 4,504 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in FlexShares Ultra-Short Income Fund by 46.5% in the first quarter. Royal Bank of Canada now owns 47,973 shares of the company's stock valued at $3,591,000 after acquiring an additional 15,224 shares during the last quarter.
FlexShares Ultra-Short Income Fund Company Profile
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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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