Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI – Get Rating) were down 0.2% on Monday . The company traded as low as $74.56 and last traded at $74.59. Approximately 65,949 shares were traded during mid-day trading, an increase of 36% from the average daily volume of 48,582 shares. The stock had previously closed at $74.76.
FlexShares Ultra-Short Income Fund Trading Down 0.1 %
The firm has a fifty day moving average price of $74.73 and a 200 day moving average price of $74.48.
Get FlexShares Ultra-Short Income Fund alerts:Institutional Trading of FlexShares Ultra-Short Income Fund
A number of hedge funds and other institutional investors have recently modified their holdings of the business. OLD Mission Capital LLC purchased a new stake in FlexShares Ultra-Short Income Fund during the fourth quarter worth approximately $81,000. CIC Wealth LLC purchased a new stake in FlexShares Ultra-Short Income Fund during the fourth quarter worth approximately $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.
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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