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

Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) saw an uptick in trading volume on Wednesday . 75,135 shares changed 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 Stock Up 0.0 %

The company has a fifty day simple moving average of $75.29 and a 200 day simple moving average of $75.37.

Institutional Investors Weigh In On FlexShares Ultra-Short Income Fund

Hedge funds have recently added to or reduced their stakes in the stock. Inspirion Wealth Advisors LLC bought a new stake in FlexShares Ultra-Short Income Fund in the fourth quarter worth $249,000. MML Investors Services LLC lifted its holdings in shares of FlexShares Ultra-Short Income Fund by 19.5% during the third quarter. MML Investors Services LLC now owns 61,877 shares of the company’s stock valued at $4,682,000 after purchasing an additional 10,085 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of FlexShares Ultra-Short Income Fund during the third quarter valued at $1,002,000. RPg Family Wealth Advisory LLC bought a new position in shares of FlexShares Ultra-Short Income Fund during the third quarter valued at $158,000. Finally, Auour Investments LLC lifted its holdings 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 valued at $1,131,000 after purchasing an additional 377 shares in the last quarter.

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.