FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Stock Price Down 0% – What’s Next?

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI)’s stock price fell 0% during trading on Wednesday . The stock traded as low as $75.25 and last traded at $75.26. 52,916 shares were traded during mid-day trading, a decline of 27% from the average session volume of 72,409 shares. The stock had previously closed at $75.27.

FlexShares Ultra-Short Income Fund Stock Down 0.0 %

The company has a fifty day moving average price of $75.30 and a 200-day moving average price of $75.38.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of RAVI. Chicago Partners Investment Group LLC boosted its position in shares of FlexShares Ultra-Short Income Fund by 37.9% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 48,367 shares of the company’s stock worth $3,649,000 after purchasing an additional 13,285 shares during the period. Flow Traders U.S. LLC acquired a new position in FlexShares Ultra-Short Income Fund during the third quarter worth $1,002,000. MML Investors Services LLC boosted its position in shares of FlexShares Ultra-Short Income Fund by 19.5% during the third quarter. MML Investors Services LLC now owns 61,877 shares of the company’s stock worth $4,682,000 after buying an additional 10,085 shares during the period. Silver Oak Securities Incorporated grew its stake in shares of FlexShares Ultra-Short Income Fund by 44.2% in the third quarter. Silver Oak Securities Incorporated now owns 14,554 shares of the company’s stock valued at $1,101,000 after buying an additional 4,459 shares in the last quarter. Finally, Inspirion Wealth Advisors LLC purchased a new stake in shares of FlexShares Ultra-Short Income Fund in the 4th quarter valued at $249,000.

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.