Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sees Unusually-High Trading Volume – Time to Buy?

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) shares saw unusually-high trading volume on Wednesday . 1,047,242 shares traded hands during trading, an increase of 245% from the previous session’s volume of 303,291 shares.The stock last traded at $40.56 and had previously closed at $40.55.

Avantis Core Fixed Income ETF Trading Up 0.0%

The firm’s 50-day moving average price is $40.97 and its two-hundred day moving average price is $41.39.

Institutional Investors Weigh In On Avantis Core Fixed Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of AVIG. Farther Finance Advisors LLC acquired a new stake in Avantis Core Fixed Income ETF during the 4th quarter worth approximately $27,000. NewEdge Advisors LLC acquired a new position in shares of Avantis Core Fixed Income ETF in the first quarter valued at approximately $30,000. JPMorgan Chase & Co. purchased a new stake in shares of Avantis Core Fixed Income ETF during the second quarter worth approximately $56,000. Lam Group Inc. raised its stake in shares of 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 purchasing an additional 1,775 shares during the last quarter. Finally, FSA Advisors Inc. acquired a new stake in shares of Avantis Core Fixed Income ETF during the first quarter worth $250,000.

About Avantis Core Fixed Income ETF

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.