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

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) shares saw an uptick in trading volume on Thursday . 20,833 shares changed hands during trading, a decline of 63% from the previous session’s volume of 57,008 shares.The stock last traded at $75.38 and had previously closed at $75.36.

FlexShares Ultra-Short Income Fund Trading Up 0.0 %

The stock’s 50-day simple moving average is $75.33 and its two-hundred day simple moving average is $75.25.

Hedge Funds Weigh In On FlexShares Ultra-Short Income Fund

A number of large investors have recently added to or reduced their stakes in RAVI. Auour Investments LLC grew its holdings in shares of FlexShares Ultra-Short Income Fund by 1.1% during the first 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. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of FlexShares Ultra-Short Income Fund during the first quarter worth $13,087,000. Greenleaf Trust grew its holdings in shares of FlexShares Ultra-Short Income Fund by 50.5% during the first quarter. Greenleaf Trust now owns 14,444 shares of the company’s stock worth $1,090,000 after buying an additional 4,846 shares in the last quarter. Cim LLC purchased a new stake in shares of FlexShares Ultra-Short Income Fund during the fourth quarter worth $4,755,000. Finally, Northern Trust Corp grew its holdings in shares of FlexShares Ultra-Short Income Fund by 5.9% during the fourth quarter. Northern Trust Corp now owns 12,290,920 shares of the company’s stock worth $922,206,000 after buying an additional 682,850 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.