Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Shares Down 0.1%

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) fell 0.1% during mid-day trading on Friday . The company traded as low as $23.81 and last traded at $23.81. 39,519 shares traded hands during mid-day trading, an increase of 1,054% from the average session volume of 3,424 shares. The stock had previously closed at $23.83.

Virtus Newfleet ABS/MBS ETF Stock Performance

The business has a 50 day moving average of $23.90 and a 200-day moving average of $23.69.

Institutional Trading of Virtus Newfleet ABS/MBS ETF

An institutional investor recently bought a new position in Virtus Newfleet ABS/MBS ETF stock. Aaron Wealth Advisors LLC acquired a new stake in shares of Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 25,740 shares of the company’s stock, valued at approximately $617,000. Aaron Wealth Advisors LLC owned about 6.43% of Virtus Newfleet ABS/MBS ETF as of its most recent SEC filing.

About Virtus Newfleet ABS/MBS ETF

The Virtus Newfleet ABS\u002FMBS ETF (VABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in US asset-backed and mortgage-backed securities guaranteed by both government and non-government entities. VABS was launched on Feb 9, 2021 and is managed by Virtus.