FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI – Get Free Report) saw an uptick in trading volume on Thursday . 110,544 shares changed hands during mid-day trading, an increase of 65% from the previous session’s volume of 67,074 shares.The stock last traded at $75.51 and had previously closed at $75.50.
FlexShares Ultra-Short Income Fund Stock Up 0.1%
The company’s fifty day moving average price is $75.51 and its two-hundred day moving average price is $75.42.
Hedge Funds Weigh In On FlexShares Ultra-Short Income Fund
Several institutional investors and hedge funds have recently added to or reduced their stakes in RAVI. Susquehanna International Group LLP acquired a new stake in shares of FlexShares Ultra-Short Income Fund in the 3rd quarter valued at approximately $261,000. Northern Trust Corp grew its holdings in FlexShares Ultra-Short Income Fund by 7.0% during the third quarter. Northern Trust Corp now owns 15,864,720 shares of the company’s stock worth $1,199,865,000 after acquiring an additional 1,031,985 shares during the period. Alliancebernstein L.P. purchased a new position in FlexShares Ultra-Short Income Fund in the third quarter worth $1,277,000. Creative Planning lifted its holdings in FlexShares Ultra-Short Income Fund by 54.7% in the third quarter. Creative Planning now owns 7,587 shares of the company’s stock valued at $574,000 after acquiring an additional 2,682 shares during the period. Finally, Cim LLC boosted its position in shares of FlexShares Ultra-Short Income Fund by 1.4% during the 3rd quarter. Cim LLC now owns 74,502 shares of the company’s stock worth $5,635,000 after purchasing an additional 1,006 shares in the last quarter.
About FlexShares Ultra-Short Income Fund
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.
Further Reading
- Five stocks we like better than FlexShares Ultra-Short Income Fund
- Options Trading – Understanding Strike Price
- Why Palantir Slide May Be a Setup for a Long-Term Opportunity
- Transportation Stocks Investing
- Attention Income Investors: This REIT Is on Sale
- Do ETFs Pay Dividends? What You Need to Know
- Rocket Lab Just Had Its First Real Crash—The Rebound Could Be Bigger
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.
