Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $75.61 and last traded at $75.61, with a volume of 791 shares trading hands. The stock had previously closed at $75.57.
FlexShares Ultra-Short Income Fund Stock Performance
The business’s 50 day moving average price is $75.42 and its two-hundred day moving average price is $75.35.
Institutional Trading of FlexShares Ultra-Short Income Fund
Several large investors have recently modified their holdings of RAVI. Comerica Bank boosted its stake in FlexShares Ultra-Short Income Fund by 36.8% during the first quarter. Comerica Bank now owns 617 shares of the company’s stock worth $47,000 after buying an additional 166 shares during the period. Cetera Advisors LLC bought a new stake in FlexShares Ultra-Short Income Fund during the first quarter valued at about $210,000. Signature Estate & Investment Advisors LLC acquired a new position in shares of FlexShares Ultra-Short Income Fund during the second quarter worth $212,000. Freestone Capital Holdings LLC acquired a new stake in FlexShares Ultra-Short Income Fund in the 1st quarter worth approximately $228,000. Finally, Keynote Financial Services LLC purchased a new stake in FlexShares Ultra-Short Income Fund during the 1st quarter valued at about $273,000.
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.
Further Reading
- Five stocks we like better than FlexShares Ultra-Short Income Fund
- How to Calculate Stock Profit
- Why eBay Stock Is the Steady Performer You Can’t Ignore
- Using the MarketBeat Dividend Yield Calculator
- 2 Sectors Investors Should Buy Now That Rate Cuts Are In
- The Role Economic Reports Play in a Successful Investment Strategy
- Maximize Dividend Growth and Market Cap With These 3 Stock Picks
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.