Avantis Global Credit ETF (NASDAQ:AVGB – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,702 shares, a decrease of 52.1% from the April 15th total of 3,550 shares. Based on an average daily trading volume, of 3,537 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the company’s shares are short sold.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in AVGB. Beacon Pointe Advisors LLC acquired a new stake in shares of Avantis Global Credit ETF during the fourth quarter worth $2,438,000. Jane Street Group LLC boosted its holdings in Avantis Global Credit ETF by 39.7% during the fourth quarter. Jane Street Group LLC now owns 6,590 shares of the company’s stock worth $335,000 after buying an additional 1,872 shares during the last quarter. Plancorp LLC boosted its holdings in Avantis Global Credit ETF by 10.7% during the fourth quarter. Plancorp LLC now owns 5,155 shares of the company’s stock worth $262,000 after buying an additional 500 shares during the last quarter. Finally, Werba Rubin Papier Wealth Management grew its position in shares of Avantis Global Credit ETF by 194.0% during the 4th quarter. Werba Rubin Papier Wealth Management now owns 15,711 shares of the company’s stock worth $798,000 after buying an additional 10,367 shares during the period.
Avantis Global Credit ETF Price Performance
Shares of AVGB stock opened at $50.97 on Friday. Avantis Global Credit ETF has a 52-week low of $50.28 and a 52-week high of $52.07. The firm’s 50 day moving average price is $50.90 and its two-hundred day moving average price is $51.14.
About Avantis Global Credit ETF
Avantis Credit ETF is an actively managed exchange-traded fund that aims to maximize total return. The fund invests primarily in investment-grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers
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