Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS – Get Free Report) fell 0.1% on Thursday . The company traded as low as $24.21 and last traded at $24.20. Approximately 1,472 shares were traded during trading, a decline of 88% from the average daily volume of 12,112 shares. The stock had previously closed at $24.22.
Virtus Newfleet ABS/MBS ETF Stock Up 0.2%
The firm’s fifty day moving average is $24.17 and its 200-day moving average is $24.22.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Creative Financial Designs Inc. ADV grew its stake in Virtus Newfleet ABS/MBS ETF by 0.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 196,470 shares of the company’s stock worth $4,765,000 after purchasing an additional 640 shares during the period. PFG Advisors boosted its holdings in shares of Virtus Newfleet ABS/MBS ETF by 16.1% during the 4th quarter. PFG Advisors now owns 58,747 shares of the company’s stock worth $1,425,000 after buying an additional 8,150 shares in the last quarter. Jane Street Group LLC grew its position in shares of Virtus Newfleet ABS/MBS ETF by 33.8% during the 2nd quarter. Jane Street Group LLC now owns 37,625 shares of the company’s stock worth $924,000 after buying an additional 9,511 shares during the period. HighTower Advisors LLC grew its position in shares of Virtus Newfleet ABS/MBS ETF by 1.4% during the 4th quarter. HighTower Advisors LLC now owns 35,623 shares of the company’s stock worth $864,000 after buying an additional 503 shares during the period. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Virtus Newfleet ABS/MBS ETF in the 3rd quarter valued at $608,000.
Virtus Newfleet ABS/MBS ETF Company Profile
The Virtus Newfleet ABS\u002FMBS ETF (VABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in US asset-backed and mortgage-backed securities guaranteed by both government and non-government entities. VABS was launched on Feb 9, 2021 and is managed by Virtus.
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