FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Hits New 1-Year High at $75.65

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $75.65 and last traded at $75.65, with a volume of 401 shares changing hands. The stock had previously closed at $75.64.

FlexShares Ultra-Short Income Fund Price Performance

The firm’s 50-day moving average price is $75.45 and its two-hundred day moving average price is $75.36.

Institutional Trading of FlexShares Ultra-Short Income Fund

A number of institutional investors have recently bought and sold shares of the stock. Comerica Bank raised its holdings in shares of FlexShares Ultra-Short Income Fund by 36.8% in 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 last quarter. Cetera Advisors LLC purchased a new stake in FlexShares Ultra-Short Income Fund during the 1st quarter valued at about $210,000. Signature Estate & Investment Advisors LLC acquired a new position in shares of FlexShares Ultra-Short Income Fund in the second quarter valued at about $212,000. Freestone Capital Holdings LLC acquired a new stake in shares of FlexShares Ultra-Short Income Fund during the first quarter worth about $228,000. Finally, Keynote Financial Services LLC purchased a new stake in FlexShares Ultra-Short Income Fund in the first quarter valued at approximately $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.