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

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

FlexShares Ultra-Short Income Fund Stock Up 0.0 %

The firm’s 50-day moving average is $75.29 and its 200 day moving average is $75.38.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC boosted its holdings in shares of FlexShares Ultra-Short Income Fund by 37.9% during the third 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 last quarter. Flow Traders U.S. LLC purchased a new position in FlexShares Ultra-Short Income Fund during the third quarter worth about $1,002,000. Interactive Financial Advisors Inc. boosted its stake in FlexShares Ultra-Short Income Fund by 118.3% in the 4th quarter. Interactive Financial Advisors Inc. now owns 19,618 shares of the company’s stock worth $1,475,000 after buying an additional 10,632 shares during the last quarter. MML Investors Services LLC grew its holdings in FlexShares Ultra-Short Income Fund by 19.5% in the 3rd quarter. MML Investors Services LLC now owns 61,877 shares of the company’s stock valued at $4,682,000 after buying an additional 10,085 shares during the period. Finally, Silver Oak Securities Incorporated increased its stake in shares of FlexShares Ultra-Short Income Fund by 44.2% during the 3rd quarter. Silver Oak Securities Incorporated now owns 14,554 shares of the company’s stock valued at $1,101,000 after acquiring an additional 4,459 shares during the last quarter.

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.