Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Hits New 52-Week Low – Here’s What Happened

Avantis Core Fixed Income ETF (NYSEARCA:AVIGGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $40.01 and last traded at $39.97, with a volume of 149986 shares trading hands. The stock had previously closed at $40.01.

Avantis Core Fixed Income ETF Trading Down 0.1%

The firm’s fifty day simple moving average is $40.80 and its 200 day simple moving average is $41.28.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AVIG. Align Financial LLC purchased a new stake in Avantis Core Fixed Income ETF during the fourth quarter valued at $543,761,000. Janney Montgomery Scott LLC raised its position in shares of Avantis Core Fixed Income ETF by 108.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 934,908 shares of the company’s stock valued at $39,194,000 after buying an additional 486,278 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in shares of Avantis Core Fixed Income ETF by 24.0% in the 2nd quarter. CoreCap Advisors LLC now owns 164,608 shares of the company’s stock valued at $6,816,000 after acquiring an additional 31,823 shares during the last quarter. FSA Advisors Inc. purchased a new position in Avantis Core Fixed Income ETF in the first quarter worth about $250,000. Finally, JPMorgan Chase & Co. increased its stake in Avantis Core Fixed Income ETF by 248.9% during the third quarter. JPMorgan Chase & Co. now owns 4,717 shares of the company’s stock worth $198,000 after acquiring an additional 3,365 shares during the last quarter.

Avantis Core Fixed Income ETF Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Avantis Core Fixed Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis Core Fixed Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.