FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sees Strong Trading Volume – Should You Buy?

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw unusually-high trading volume on Wednesday . Approximately 142,448 shares traded hands during trading, an increase of 69% from the previous session’s volume of 84,315 shares.The stock last traded at $75.28 and had previously closed at $75.29.

FlexShares Ultra-Short Income Fund Stock Performance

The firm has a 50 day moving average price of $75.40 and a two-hundred day moving average price of $75.38.

Institutional Trading of FlexShares Ultra-Short Income Fund

Several institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp raised its position in shares of FlexShares Ultra-Short Income Fund by 10.2% during the 4th quarter. Northern Trust Corp now owns 13,511,678 shares of the company’s stock valued at $1,015,686,000 after acquiring an additional 1,253,819 shares in the last quarter. Interactive Financial Advisors Inc. raised 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 worth $1,475,000 after purchasing an additional 10,632 shares during the period. MML Investors Services LLC lifted its position in shares of 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 worth $4,682,000 after buying an additional 10,085 shares during the last quarter. XY Planning Network Inc. acquired a new position in shares of FlexShares Ultra-Short Income Fund in the 4th quarter valued at about $452,000. Finally, OLD Mission Capital LLC bought a new stake in shares of FlexShares Ultra-Short Income Fund during the 4th quarter valued at about $333,000.

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.