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

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw an uptick in trading volume on Wednesday . 253,838 shares traded hands during mid-day trading, an increase of 253% from the previous session’s volume of 71,996 shares.The stock last traded at $75.39 and had previously closed at $75.39.

FlexShares Ultra-Short Income Fund Price Performance

The company’s 50-day moving average is $75.29 and its 200-day moving average is $75.37.

Institutional Trading of FlexShares Ultra-Short Income Fund

A number of hedge funds have recently made changes to their positions in RAVI. Arcadia Investment Management Corp MI purchased a new stake in shares of FlexShares Ultra-Short Income Fund during the fourth quarter valued at approximately $25,000. Principal Securities Inc. boosted its holdings in FlexShares Ultra-Short Income Fund by 50.0% in the fourth quarter. Principal Securities Inc. now owns 450 shares of the company’s stock worth $34,000 after purchasing an additional 150 shares during the period. Bank of America Corp DE acquired a new position in FlexShares Ultra-Short Income Fund in the fourth quarter worth $53,000. Operose Advisors LLC acquired a new position in FlexShares Ultra-Short Income Fund in the fourth quarter worth $60,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in FlexShares Ultra-Short Income Fund in the third quarter worth $158,000.

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.