FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sees Strong Trading Volume – Should You Buy?

Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) saw unusually-high trading volume on Tuesday . Approximately 116,385 shares changed hands during trading, an increase of 79% from the previous session’s volume of 64,911 shares.The stock last traded at $75.21 and had previously closed at $75.24.

FlexShares Ultra-Short Income Fund Stock Down 0.0 %

The stock has a fifty day moving average of $75.43 and a 200 day moving average of $75.40.

Institutional Trading of FlexShares Ultra-Short Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Chicago Partners Investment Group LLC increased its holdings in FlexShares Ultra-Short Income Fund by 37.9% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 48,367 shares of the company’s stock valued at $3,649,000 after acquiring an additional 13,285 shares during the last quarter. Flow Traders U.S. LLC bought a new position in FlexShares Ultra-Short Income Fund during the third quarter valued at approximately $1,002,000. MML Investors Services LLC grew its holdings in FlexShares Ultra-Short Income Fund by 19.5% during the 3rd quarter. MML Investors Services LLC now owns 61,877 shares of the company’s stock valued at $4,682,000 after buying an additional 10,085 shares in the last quarter. Silver Oak Securities Incorporated increased its stake in FlexShares Ultra-Short Income Fund by 44.2% in the 3rd quarter. Silver Oak Securities Incorporated now owns 14,554 shares of the company’s stock worth $1,101,000 after acquiring an additional 4,459 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in shares of FlexShares Ultra-Short Income Fund during the 2nd quarter worth approximately $212,000.

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.