FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sees Large Volume Increase – Here’s What Happened

Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) saw unusually-strong trading volume on Thursday . Approximately 180,937 shares were traded during trading, an increase of 135% from the previous session’s volume of 76,929 shares.The stock last traded at $75.27 and had previously closed at $75.26.

FlexShares Ultra-Short Income Fund Stock Up 0.0 %

The stock has a fifty day moving average of $75.29 and a 200 day moving average of $75.38.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Chicago Partners Investment Group LLC lifted its position in shares of FlexShares Ultra-Short Income Fund by 37.9% in the third quarter. Chicago Partners Investment Group LLC now owns 48,367 shares of the company’s stock worth $3,649,000 after buying an additional 13,285 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in FlexShares Ultra-Short Income Fund in the 3rd quarter worth approximately $1,002,000. Interactive Financial Advisors Inc. raised its holdings in shares of FlexShares Ultra-Short Income Fund by 118.3% during the 4th quarter. Interactive Financial Advisors Inc. now owns 19,618 shares of the company’s stock worth $1,475,000 after acquiring an additional 10,632 shares in the last quarter. MML Investors Services LLC boosted its position in shares of 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 acquiring an additional 10,085 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its holdings in shares of FlexShares Ultra-Short Income Fund by 44.2% in the third quarter. Silver Oak Securities Incorporated now owns 14,554 shares of the company’s stock valued at $1,101,000 after purchasing an additional 4,459 shares in 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.