FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Hits New 12-Month High at $75.61

Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) 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.