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

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw unusually-high trading volume on Tuesday . Approximately 70,464 shares were traded during mid-day trading, an increase of 8% from the previous session’s volume of 65,389 shares.The stock last traded at $75.36 and had previously closed at $75.37.

FlexShares Ultra-Short Income Fund Price Performance

The business’s fifty day moving average is $75.39 and its 200-day moving average is $75.39.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. MML Investors Services LLC grew its position in 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 valued at $4,682,000 after acquiring an additional 10,085 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of FlexShares Ultra-Short Income Fund in the 3rd quarter valued at about $1,002,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of FlexShares Ultra-Short Income Fund during the 3rd quarter worth about $158,000. Auour Investments LLC increased its position in FlexShares Ultra-Short Income Fund by 2.6% during the 3rd quarter. Auour Investments LLC now owns 14,975 shares of the company’s stock worth $1,131,000 after purchasing an additional 377 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in 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 valued at $3,649,000 after buying an additional 13,285 shares during the period.

About FlexShares Ultra-Short Income Fund

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.