Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Stock Price Up 0.6% – Here’s Why

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was up 0.6% during trading on Monday . The stock traded as high as $40.71 and last traded at $40.64. Approximately 134,157 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 116,396 shares. The stock had previously closed at $40.41.

Avantis Core Fixed Income ETF Trading Up 0.3 %

The company has a fifty day simple moving average of $41.08 and a two-hundred day simple moving average of $41.10.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of AVIG. Baird Financial Group Inc. raised its stake in Avantis Core Fixed Income ETF by 10.8% in the 4th quarter. Baird Financial Group Inc. now owns 6,185 shares of the company’s stock worth $251,000 after purchasing an additional 604 shares in the last quarter. Betterment LLC grew its stake in Avantis Core Fixed Income ETF by 52.6% during the fourth quarter. Betterment LLC now owns 14,967 shares of the company’s stock worth $607,000 after buying an additional 5,156 shares in the last quarter. Curio Wealth LLC bought a new stake in shares of Avantis Core Fixed Income ETF during the 4th quarter worth approximately $57,000. Finally, Golden State Wealth Management LLC acquired a new position in Avantis Core Fixed Income ETF during the fourth quarter valued at approximately $551,000.

Avantis Core Fixed Income ETF Company Profile

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.