Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Hits New 12-Month Low – Here’s What Happened

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 $39.31 and last traded at $39.3350, with a volume of 36441 shares traded. The stock had previously closed at $39.44.

Avantis Core Fixed Income ETF Stock Performance

The firm’s 50-day moving average is $40.54 and its two-hundred day moving average is $41.10.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

Hedge funds have recently made changes to their positions in the company. Align Financial LLC acquired a new stake in shares of Avantis Core Fixed Income ETF in the fourth quarter worth approximately $543,761,000. Janney Montgomery Scott LLC raised its stake in Avantis Core Fixed Income ETF by 45.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,362,193 shares of the company’s stock valued at $56,586,000 after purchasing an additional 427,285 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in 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 purchasing an additional 31,823 shares in the last quarter. JDM Financial Group LLC lifted its holdings in Avantis Core Fixed Income ETF by 7.5% in the 1st quarter. JDM Financial Group LLC now owns 10,658 shares of the company’s stock valued at $443,000 after purchasing an additional 744 shares in the last quarter. Finally, FSA Advisors Inc. acquired a new stake in Avantis Core Fixed Income ETF during the 1st quarter worth $250,000.

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.