Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 48,821 shares were traded during mid-day trading, an increase of 40% from the previous session’s volume of 34,770 shares.The stock last traded at $75.22 and had previously closed at $75.24.
FlexShares Ultra-Short Income Fund Price Performance
The business has a 50-day moving average of $75.31 and a 200 day moving average of $75.38.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of RAVI. Cim LLC lifted its stake in FlexShares Ultra-Short Income Fund by 3.3% in the second quarter. Cim LLC now owns 69,039 shares of the company’s stock valued at $5,202,000 after purchasing an additional 2,191 shares during the last quarter. Greenleaf Trust raised its stake in shares of FlexShares Ultra-Short Income Fund by 1.6% in the third quarter. Greenleaf Trust now owns 14,631 shares of the company’s stock valued at $1,107,000 after buying an additional 227 shares during the period. Silver Oak Securities Incorporated grew its stake in shares of FlexShares Ultra-Short Income Fund by 44.2% during the 3rd quarter. Silver Oak Securities Incorporated now owns 14,554 shares of the company’s stock worth $1,101,000 after acquiring an additional 4,459 shares during the period. Chicago Partners Investment Group LLC increased its holdings in FlexShares Ultra-Short Income Fund by 37.9% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 48,367 shares of the company’s stock worth $3,649,000 after acquiring an additional 13,285 shares during the last quarter. Finally, Auour Investments LLC raised its stake in FlexShares Ultra-Short Income Fund by 2.6% in the 3rd quarter. Auour Investments LLC now owns 14,975 shares of the company’s stock valued at $1,131,000 after acquiring an additional 377 shares during the period.
FlexShares Ultra-Short Income Fund Company Profile
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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