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

Shares of FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) saw strong trading volume on Thursday . 50,973 shares traded hands during trading, a decline of 5% from the previous session’s volume of 53,728 shares.The stock last traded at $74.95 and had previously closed at $74.94.

FlexShares Ultra-Short Income Fund Stock Performance

The firm has a 50-day moving average price of $74.93 and a two-hundred day moving average price of $74.82.

Hedge Funds Weigh In On FlexShares Ultra-Short Income Fund

Institutional investors have recently made changes to their positions in the company. Money Concepts Capital Corp purchased a new stake in FlexShares Ultra-Short Income Fund during the fourth quarter valued at approximately $30,000. CWM LLC acquired a new position in shares of FlexShares Ultra-Short Income Fund in the 1st quarter valued at about $43,000. IFP Advisors Inc acquired a new stake in shares of FlexShares Ultra-Short Income Fund during the 4th quarter worth approximately $49,000. Bessemer Group Inc. purchased a new position in FlexShares Ultra-Short Income Fund in the first quarter valued at $50,000. Finally, Spire Wealth Management purchased a new position in shares of FlexShares Ultra-Short Income Fund in the 1st quarter valued at about $62,000.

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.