FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sets New 52-Week High at $75.52

Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) hit a new 52-week high during trading on Friday . The company traded as high as $75.52 and last traded at $75.52, with a volume of 101296 shares traded. The stock had previously closed at $75.45.

FlexShares Ultra-Short Income Fund Stock Up 0.1 %

The firm’s fifty day simple moving average is $75.34 and its two-hundred day simple moving average is $75.30.

Hedge Funds Weigh In On FlexShares Ultra-Short Income Fund

Large investors have recently modified their holdings of the business. Silver Oak Securities Incorporated lifted its holdings in shares of FlexShares Ultra-Short Income Fund by 209.9% in the 4th quarter. Silver Oak Securities Incorporated now owns 23,866 shares of the company’s stock worth $1,791,000 after acquiring an additional 16,165 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC raised its position in FlexShares Ultra-Short Income Fund by 78.8% in the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 5,210 shares of the company’s stock valued at $391,000 after purchasing an additional 2,296 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of FlexShares Ultra-Short Income Fund by 15.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 12,309 shares of the company’s stock worth $924,000 after buying an additional 1,606 shares during the period. Northern Trust Corp boosted its position in shares of FlexShares Ultra-Short Income Fund by 5.9% during the fourth quarter. Northern Trust Corp now owns 12,290,920 shares of the company’s stock worth $922,206,000 after buying an additional 682,850 shares during the period. Finally, Cim LLC acquired a new stake in shares of FlexShares Ultra-Short Income Fund in the fourth quarter valued at $4,755,000.

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.