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

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw unusually-strong trading volume on Thursday . Approximately 252,112 shares were traded during trading, an increase of 278% from the previous session’s volume of 66,780 shares.The stock last traded at $75.10 and had previously closed at $75.05.

FlexShares Ultra-Short Income Fund Trading Up 0.1 %

The business’s 50-day simple moving average is $75.36 and its two-hundred day simple moving average is $75.39.

Institutional Trading of FlexShares Ultra-Short Income Fund

Institutional investors have recently bought and sold shares of the company. Greenleaf Trust boosted its holdings in shares of FlexShares Ultra-Short Income Fund by 1.6% during the 3rd quarter. Greenleaf Trust now owns 14,631 shares of the company’s stock worth $1,107,000 after buying an additional 227 shares in the last quarter. Auour Investments LLC grew its holdings in FlexShares Ultra-Short Income Fund by 2.6% in the third quarter. Auour Investments LLC now owns 14,975 shares of the company’s stock worth $1,131,000 after purchasing an additional 377 shares during the period. RPg Family Wealth Advisory LLC bought a new stake in FlexShares Ultra-Short Income Fund in the third quarter valued at $158,000. Cim LLC raised its holdings in shares of FlexShares Ultra-Short Income Fund by 3.3% during the second quarter. Cim LLC now owns 69,039 shares of the company’s stock valued at $5,202,000 after purchasing an additional 2,191 shares during the period. Finally, Signature Estate & Investment Advisors LLC bought a new position in shares of FlexShares Ultra-Short Income Fund during the 2nd quarter worth about $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.