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

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw unusually-strong trading volume on Wednesday . Approximately 162,985 shares traded hands during trading, an increase of 151% from the previous session’s volume of 64,838 shares.The stock last traded at $75.37 and had previously closed at $75.33.

FlexShares Ultra-Short Income Fund Trading Up 0.0 %

The company has a fifty day moving average of $75.39 and a 200 day moving average of $75.39.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RAVI. Chicago Partners Investment Group LLC boosted its stake in shares of 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 worth $3,649,000 after acquiring an additional 13,285 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of FlexShares Ultra-Short Income Fund in the 3rd quarter valued at $1,002,000. MML Investors Services LLC increased its stake in FlexShares Ultra-Short Income Fund by 19.5% in the 3rd quarter. MML Investors Services LLC now owns 61,877 shares of the company’s stock worth $4,682,000 after purchasing an additional 10,085 shares in the last quarter. Silver Oak Securities Incorporated raised its holdings in FlexShares Ultra-Short Income Fund by 44.2% during the 3rd quarter. Silver Oak Securities Incorporated now owns 14,554 shares of the company’s stock worth $1,101,000 after buying an additional 4,459 shares during the period. Finally, Signature Estate & Investment Advisors LLC acquired a new stake in FlexShares Ultra-Short Income Fund during the 2nd quarter worth about $212,000.

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.