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

Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVIGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 48,821 shares changed hands during mid-day trading, an increase of 40% from the previous session’s volume of 34,770 shares.The stock last traded at $75.22 and had previously closed at $75.24.

FlexShares Ultra-Short Income Fund Price Performance

The business’s fifty day moving average price is $75.31 and its 200 day moving average price is $75.38.

Institutional Investors Weigh In On FlexShares Ultra-Short Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. RPg Family Wealth Advisory LLC bought a new position in shares of FlexShares Ultra-Short Income Fund during the 3rd quarter worth about $158,000. Flow Traders U.S. LLC acquired a new stake in FlexShares Ultra-Short Income Fund in the third quarter valued at approximately $1,002,000. Silver Oak Securities Incorporated increased its holdings in shares of FlexShares Ultra-Short Income Fund by 44.2% during the third quarter. Silver Oak Securities Incorporated now owns 14,554 shares of the company’s stock valued at $1,101,000 after acquiring an additional 4,459 shares in the last quarter. Greenleaf Trust raised its position in shares of FlexShares Ultra-Short Income Fund by 1.6% during the third quarter. Greenleaf Trust now owns 14,631 shares of the company’s stock worth $1,107,000 after purchasing an additional 227 shares during the period. Finally, Auour Investments LLC lifted its holdings 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 worth $1,131,000 after purchasing an additional 377 shares in the last quarter.

FlexShares Ultra-Short Income Fund Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for FlexShares Ultra-Short Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares Ultra-Short Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.