Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Hits New 1-Year Low – Here’s Why

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) reached a new 52-week low during trading on Monday . The company traded as low as $40.01 and last traded at $39.97, with a volume of 149986 shares. 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 two-hundred day simple moving average is $41.28.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. NewEdge Advisors LLC purchased a new stake in Avantis Core Fixed Income ETF in the 1st quarter worth $30,000. JPMorgan Chase & Co. purchased a new position in Avantis Core Fixed Income ETF in the 2nd quarter worth approximately $56,000. Lam Group Inc. grew its holdings in 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 valued at $74,000 after buying an additional 1,775 shares in the last quarter. FSA Advisors Inc. bought a new stake in shares of Avantis Core Fixed Income ETF during the first quarter valued at approximately $250,000. 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 valued at $443,000 after buying an additional 744 shares during the last quarter.

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.