FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sees Strong Trading Volume – What’s Next?

Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) saw strong trading volume on Thursday . 252,112 shares traded hands during trading, an increase of 278% from the previous session’s volume of 66,780 shares.The stock last traded at $75.10 and had previously closed at $75.05.

FlexShares Ultra-Short Income Fund Stock Performance

The stock has a 50 day moving average price of $75.36 and a two-hundred day moving average price of $75.39.

Institutional Trading of FlexShares Ultra-Short Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the business. MML Investors Services LLC grew its holdings in shares of FlexShares Ultra-Short Income Fund by 19.5% during the 3rd quarter. MML Investors Services LLC now owns 61,877 shares of the company’s stock worth $4,682,000 after purchasing an additional 10,085 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in FlexShares Ultra-Short Income Fund during the third quarter worth about $1,002,000. RPg Family Wealth Advisory LLC bought a new position in FlexShares Ultra-Short Income Fund in the 3rd quarter valued at about $158,000. Auour Investments LLC raised its position in shares of FlexShares Ultra-Short Income Fund by 2.6% in the 3rd quarter. Auour Investments LLC now owns 14,975 shares of the company’s stock valued at $1,131,000 after buying an additional 377 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its position in shares of FlexShares Ultra-Short Income Fund by 37.9% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 48,367 shares of the company’s stock valued at $3,649,000 after buying an additional 13,285 shares in the last quarter.

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.