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

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw unusually-high trading volume on Wednesday . Approximately 253,838 shares changed hands during mid-day trading, an increase of 253% from the previous session’s volume of 71,996 shares.The stock last traded at $75.39 and had previously closed at $75.39.

FlexShares Ultra-Short Income Fund Stock Up 0.0 %

The firm’s 50 day moving average is $75.30 and its 200-day moving average is $75.38.

Institutional Investors Weigh In On FlexShares Ultra-Short Income Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northern Trust Corp lifted its position in FlexShares Ultra-Short Income Fund by 10.2% during the 4th quarter. Northern Trust Corp now owns 13,511,678 shares of the company’s stock worth $1,015,686,000 after acquiring an additional 1,253,819 shares during the last quarter. Chicago Partners Investment Group LLC boosted its stake in FlexShares Ultra-Short Income Fund by 37.9% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 48,367 shares of the company’s stock valued at $3,649,000 after purchasing an additional 13,285 shares during the period. Flow Traders U.S. LLC acquired a new stake in FlexShares Ultra-Short Income Fund in the 3rd quarter valued at approximately $1,002,000. Interactive Financial Advisors Inc. increased its position in FlexShares Ultra-Short Income Fund by 118.3% in the 4th quarter. Interactive Financial Advisors Inc. now owns 19,618 shares of the company’s stock worth $1,475,000 after buying an additional 10,632 shares during the period. Finally, 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 worth $4,682,000 after buying an additional 10,085 shares during 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.