Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 208,159 shares were traded during trading, an increase of 277% from the previous session’s volume of 55,195 shares.The stock last traded at $75.46 and had previously closed at $75.44.
FlexShares Ultra-Short Income Fund Price Performance
The company’s fifty day moving average is $75.34 and its 200-day moving average is $75.30.
Institutional Trading of FlexShares Ultra-Short Income Fund
Several institutional investors and hedge funds have recently modified their holdings of the company. Comerica Bank increased its holdings in shares of FlexShares Ultra-Short Income Fund by 36.8% in the 1st quarter. Comerica Bank now owns 617 shares of the company’s stock worth $47,000 after buying an additional 166 shares during the last quarter. Cetera Advisors LLC bought a new position in shares of FlexShares Ultra-Short Income Fund during the 1st quarter worth approximately $210,000. Freestone Capital Holdings LLC acquired a new position in FlexShares Ultra-Short Income Fund during the 1st quarter valued at approximately $228,000. Keynote Financial Services LLC acquired a new position in FlexShares Ultra-Short Income Fund during the 1st quarter valued at approximately $273,000. Finally, Wilbanks Smith & Thomas Asset Management LLC boosted its holdings in shares of FlexShares Ultra-Short Income Fund by 78.8% in the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 5,210 shares of the company’s stock valued at $391,000 after acquiring an additional 2,296 shares during the last quarter.
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.
See Also
- Five stocks we like better than FlexShares Ultra-Short Income Fund
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Viking Therapeutics: Pharma Stock Soars on Positive Earnings
- Insider Buying Explained: What Investors Need to Know
- Top 3 Small Cap Stocks Emerging as Rotation Winners
- What is a Special Dividend?
- Bargain Alert: 3 Stocks Worth Watching While The Market Cools
Receive News & Ratings for FlexShares Ultra-Short Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares Ultra-Short Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
