Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sets New 1-Year Low – Here’s Why

Shares of Avantis Core Fixed Income ETF (NYSEARCA:AVIG) reached a new 52-week low during trading on Tuesday . The company traded as low as $40.49 and last traded at $40.52, with a volume of 2883137 shares changing hands. The stock had previously closed at $40.52.

Avantis Core Fixed Income ETF Stock Down 0.0%

The firm’s 50-day moving average price is $40.90 and its two-hundred day moving average price is $41.34.

Institutional Trading of Avantis Core Fixed Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Lam Group Inc. raised its position in Avantis Core Fixed Income ETF by 17,750.0% during the second quarter. Lam Group Inc. now owns 1,785 shares of the company’s stock valued at $74,000 after buying an additional 1,775 shares during the period. CoreCap Advisors LLC boosted its position in Avantis Core Fixed Income ETF by 24.0% during the 2nd quarter. CoreCap Advisors LLC now owns 164,608 shares of the company’s stock worth $6,816,000 after acquiring an additional 31,823 shares during the period. NewEdge Advisors LLC acquired a new stake in Avantis Core Fixed Income ETF during the 1st quarter worth about $30,000. JDM Financial Group LLC grew its stake in Avantis Core Fixed Income ETF by 7.5% during the 1st quarter. JDM Financial Group LLC now owns 10,658 shares of the company’s stock valued at $443,000 after acquiring an additional 744 shares in the last quarter. Finally, FSA Advisors Inc. purchased a new position in Avantis Core Fixed Income ETF during the 1st quarter valued at about $250,000.

About Avantis Core Fixed Income ETF

The Avantis Core Fixed Income ETF (AVIG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund offers an active exposure to a broad range of investment-grade debt securities from issuers around the globe. AVIG was launched on Oct 15, 2020 and is managed by American Century Investments.