FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sees Unusually-High Trading Volume – Still a Buy?

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw strong trading volume on Thursday . 295,659 shares changed hands during trading, an increase of 317% from the previous session’s volume of 70,942 shares.The stock last traded at $75.35 and had previously closed at $75.34.

FlexShares Ultra-Short Income Fund Trading Up 0.0 %

The stock’s 50 day moving average is $75.34 and its 200 day moving average is $75.38.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Principal Securities Inc. boosted its position 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 valued at $34,000 after buying an additional 150 shares in the last quarter. Auour Investments LLC boosted its position in FlexShares Ultra-Short Income Fund by 1.3% in the fourth quarter. Auour Investments LLC now owns 15,165 shares of the company’s stock valued at $1,145,000 after buying an additional 190 shares in the last quarter. Keynote Financial Services LLC boosted its position in FlexShares Ultra-Short Income Fund by 9.8% in the fourth quarter. Keynote Financial Services LLC now owns 2,979 shares of the company’s stock valued at $224,000 after buying an additional 265 shares in the last quarter. Arcadia Investment Management Corp MI acquired a new position in FlexShares Ultra-Short Income Fund in the fourth quarter valued at about $25,000. Finally, Bank of America Corp DE acquired a new position in shares of FlexShares Ultra-Short Income Fund during the fourth quarter worth approximately $53,000.

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.