Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sets New 1-Year Low – What’s Next?

Avantis Core Fixed Income ETF (NYSEARCA:AVIG)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $40.71 and last traded at $40.71, with a volume of 830 shares. The stock had previously closed at $40.91.

Avantis Core Fixed Income ETF Stock Down 0.3%

The company has a fifty day simple moving average of $41.23 and a two-hundred day simple moving average of $41.63.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of AVIG. Lodestone Wealth Management LLC acquired a new position in Avantis Core Fixed Income ETF in the fourth quarter valued at about $25,000. Farther Finance Advisors LLC bought a new stake in Avantis Core Fixed Income ETF during the fourth quarter worth about $27,000. NewEdge Advisors LLC acquired a new stake in Avantis Core Fixed Income ETF during the first quarter worth about $30,000. JPMorgan Chase & Co. acquired a new stake in Avantis Core Fixed Income ETF during the second quarter worth about $56,000. Finally, Lam Group Inc. grew its stake 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 worth $74,000 after buying an additional 1,775 shares in the last quarter.

Avantis Core Fixed Income ETF Company Profile

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.