FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sees Strong Trading Volume

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw strong trading volume on Wednesday . 119,664 shares were traded during trading, an increase of 114% from the previous session’s volume of 55,960 shares.The stock last traded at $75.22 and had previously closed at $75.21.

FlexShares Ultra-Short Income Fund Stock Performance

The firm’s 50-day moving average price is $75.28 and its two-hundred day moving average price is $75.18.

Institutional Investors Weigh In On FlexShares Ultra-Short Income Fund

Several large investors have recently made changes to their positions in the company. Auour Investments LLC lifted its position in FlexShares Ultra-Short Income Fund by 1.1% during the 1st quarter. Auour Investments LLC now owns 14,599 shares of the company’s stock worth $1,101,000 after buying an additional 152 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new stake in FlexShares Ultra-Short Income Fund during the 1st quarter worth $1,000,000. Greenleaf Trust lifted its stake in shares of FlexShares Ultra-Short Income Fund by 50.5% in the 1st quarter. Greenleaf Trust now owns 14,444 shares of the company’s stock valued at $1,090,000 after purchasing an additional 4,846 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in shares of FlexShares Ultra-Short Income Fund in the 1st quarter worth $13,087,000. Finally, Cim LLC acquired a new stake in shares of FlexShares Ultra-Short Income Fund during the fourth quarter worth $4,755,000.

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.