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

Avantis Core Fixed Income ETF (NYSEARCA:AVIG)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $40.64 and last traded at $40.69, with a volume of 11485 shares changing hands. The stock had previously closed at $40.71.

Avantis Core Fixed Income ETF Stock Up 0.0%

The business’s fifty day moving average is $41.08 and its 200 day moving average is $41.49.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. C M Bidwell & Associates Ltd. acquired a new stake in shares of Avantis Core Fixed Income ETF during the 2nd quarter valued at $258,000. Lam Group Inc. boosted its stake in shares of Avantis Core Fixed Income ETF by 17,750.0% during the 2nd quarter. Lam Group Inc. now owns 1,785 shares of the company’s stock worth $74,000 after acquiring an additional 1,775 shares in the last quarter. CoreCap Advisors LLC grew 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 worth $6,816,000 after acquiring an additional 31,823 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of Avantis Core Fixed Income ETF in the 1st quarter worth $30,000. Finally, JDM Financial Group LLC raised its position in shares of Avantis Core Fixed Income ETF by 7.5% during the first quarter. JDM Financial Group LLC now owns 10,658 shares of the company’s stock worth $443,000 after purchasing an additional 744 shares during the period.

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.