FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sees Large Volume Increase – Time to Buy?

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw unusually-high trading volume on Tuesday . Approximately 91,166 shares changed hands during trading, an increase of 44% from the previous session’s volume of 63,524 shares.The stock last traded at $75.42 and had previously closed at $75.40.

FlexShares Ultra-Short Income Fund Price Performance

The stock’s 50-day moving average price is $75.44 and its 200-day moving average price is $75.39.

Institutional Trading of FlexShares Ultra-Short Income Fund

Several institutional investors have recently made changes to their positions in the business. Comerica Bank raised its position in shares of FlexShares Ultra-Short Income Fund by 36.8% in the 1st quarter. Comerica Bank now owns 617 shares of the company’s stock valued at $47,000 after acquiring an additional 166 shares during the period. RPg Family Wealth Advisory LLC bought a new position in FlexShares Ultra-Short Income Fund during the 3rd quarter worth approximately $158,000. Cetera Advisors LLC bought a new stake in shares of FlexShares Ultra-Short Income Fund in the 1st quarter valued at $210,000. Signature Estate & Investment Advisors LLC acquired a new position in FlexShares Ultra-Short Income Fund during the 2nd quarter valued at about $212,000. Finally, Freestone Capital Holdings LLC purchased a new position in shares of FlexShares Ultra-Short Income Fund during the first quarter valued at approximately $228,000.

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.