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

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw unusually-high trading volume on Thursday . Approximately 295,659 shares traded hands during mid-day trading, an increase of 317% from the previous session’s volume of 70,942 shares.The stock last traded at $75.35 and had previously closed at $75.34.

FlexShares Ultra-Short Income Fund Price Performance

The business has a 50 day moving average of $75.35 and a 200 day moving average of $75.38.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Northern Trust Corp raised its stake in FlexShares Ultra-Short Income Fund by 10.2% during the fourth quarter. Northern Trust Corp now owns 13,511,678 shares of the company’s stock worth $1,015,686,000 after acquiring an additional 1,253,819 shares in the last quarter. Cim LLC raised its stake in FlexShares Ultra-Short Income Fund by 1.8% during the fourth quarter. Cim LLC now owns 70,597 shares of the company’s stock worth $5,307,000 after acquiring an additional 1,220 shares in the last quarter. MML Investors Services LLC raised its stake in FlexShares Ultra-Short Income Fund by 1.7% during the fourth quarter. MML Investors Services LLC now owns 62,940 shares of the company’s stock worth $4,731,000 after acquiring an additional 1,063 shares in the last quarter. Interactive Financial Advisors Inc. raised its stake in FlexShares Ultra-Short Income Fund by 118.3% during the fourth 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. Finally, Auour Investments LLC raised its stake in FlexShares Ultra-Short Income Fund by 1.3% during the fourth quarter. Auour Investments LLC now owns 15,165 shares of the company’s stock worth $1,145,000 after acquiring an additional 190 shares in the last quarter.

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.