FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Stock Price Up 0% – Here’s Why

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI)’s share price traded up 0% during trading on Thursday . The company traded as high as $75.49 and last traded at $75.49. 67,626 shares were traded during mid-day trading, a decline of 5% from the average session volume of 71,451 shares. The stock had previously closed at $75.48.

FlexShares Ultra-Short Income Fund Stock Up 0.0 %

The stock’s fifty day simple moving average is $75.40 and its 200 day simple moving average is $75.38.

Institutional Trading of FlexShares Ultra-Short Income Fund

A number of institutional investors have recently made changes to their positions in RAVI. Northern Trust Corp boosted its stake in FlexShares Ultra-Short Income Fund by 10.2% in the 4th quarter. Northern Trust Corp now owns 13,511,678 shares of the company’s stock worth $1,015,686,000 after purchasing an additional 1,253,819 shares in the last quarter. Cim LLC raised its holdings in shares of FlexShares Ultra-Short Income Fund by 1.8% in the fourth quarter. Cim LLC now owns 70,597 shares of the company’s stock worth $5,307,000 after buying an additional 1,220 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of FlexShares Ultra-Short Income Fund by 1.7% during the fourth quarter. MML Investors Services LLC now owns 62,940 shares of the company’s stock worth $4,731,000 after buying an additional 1,063 shares during the period. Interactive Financial Advisors Inc. grew its holdings in shares of FlexShares Ultra-Short Income Fund by 118.3% during the fourth quarter. Interactive Financial Advisors Inc. now owns 19,618 shares of the company’s stock valued at $1,475,000 after buying an additional 10,632 shares during the last quarter. Finally, Auour Investments LLC increased its position in shares of FlexShares Ultra-Short Income Fund by 1.3% in the 4th quarter. Auour Investments LLC now owns 15,165 shares of the company’s stock valued at $1,145,000 after acquiring an additional 190 shares during the period.

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.