Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sets New 52-Week Low – Time to Sell?

Avantis Core Fixed Income ETF (NYSEARCA:AVIGGet Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $39.88 and last traded at $39.8550, with a volume of 9164 shares. The stock had previously closed at $40.10.

Avantis Core Fixed Income ETF Price Performance

The business’s 50-day moving average price is $40.66 and its two-hundred day moving average price is $41.17.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AVIG. Janney Montgomery Scott LLC boosted its holdings in shares of Avantis Core Fixed Income ETF by 45.7% during the first quarter. Janney Montgomery Scott LLC now owns 1,362,193 shares of the company’s stock worth $56,586,000 after purchasing an additional 427,285 shares during the last quarter. CoreCap Advisors LLC increased its stake in Avantis Core Fixed Income ETF by 24.0% in the second 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 during the last quarter. Align Financial LLC acquired a new position in Avantis Core Fixed Income ETF in the fourth quarter valued at $543,761,000. NewEdge Advisors LLC purchased a new position in Avantis Core Fixed Income ETF during the first quarter worth about $30,000. Finally, Lam Group Inc. lifted its position in 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 buying an additional 1,775 shares during the period.

About Avantis Core Fixed Income ETF

(Get Free Report)

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.

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