FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sees Strong Trading Volume – Here’s Why

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) saw unusually-strong trading volume on Wednesday . Approximately 75,135 shares traded hands during mid-day trading, an increase of 6% from the previous session’s volume of 70,837 shares.The stock last traded at $75.32 and had previously closed at $75.29.

FlexShares Ultra-Short Income Fund Price Performance

The business has a 50-day simple moving average of $75.29 and a 200 day simple moving average of $75.37.

Institutional Trading of FlexShares Ultra-Short Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Inspirion Wealth Advisors LLC purchased a new stake in FlexShares Ultra-Short Income Fund in the fourth quarter worth about $249,000. MML Investors Services LLC increased its position in FlexShares Ultra-Short Income Fund by 19.5% in the third 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 in the last quarter. Flow Traders U.S. LLC purchased a new stake in FlexShares Ultra-Short Income Fund in the third quarter worth about $1,002,000. RPg Family Wealth Advisory LLC purchased a new stake in FlexShares Ultra-Short Income Fund in the third quarter worth about $158,000. Finally, Auour Investments LLC grew its position in shares of FlexShares Ultra-Short Income Fund by 2.6% during the third quarter. Auour Investments LLC now owns 14,975 shares of the company’s stock worth $1,131,000 after purchasing an additional 377 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.