Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Stock Price Up 0.1% – Here’s Why

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS)’s stock price traded up 0.1% during mid-day trading on Thursday . The stock traded as high as $24.12 and last traded at $24.11. 107 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 11,172 shares. The stock had previously closed at $24.09.

Virtus Newfleet ABS/MBS ETF Stock Up 0.1%

The stock has a 50 day simple moving average of $24.16 and a 200 day simple moving average of $24.20.

Institutional Trading of Virtus Newfleet ABS/MBS ETF

Hedge funds have recently bought and sold shares of the business. &PARTNERS raised its holdings in Virtus Newfleet ABS/MBS ETF by 23.9% during the fourth quarter. &PARTNERS now owns 23,825 shares of the company’s stock worth $578,000 after buying an additional 4,592 shares during the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Virtus Newfleet ABS/MBS ETF during the third quarter valued at about $608,000. Jane Street Group LLC grew its holdings in shares of Virtus Newfleet ABS/MBS ETF by 33.8% during the second quarter. Jane Street Group LLC now owns 37,625 shares of the company’s stock valued at $924,000 after buying an additional 9,511 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Virtus Newfleet ABS/MBS ETF by 1.4% during the fourth quarter. HighTower Advisors LLC now owns 35,623 shares of the company’s stock worth $864,000 after acquiring an additional 503 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of Virtus Newfleet ABS/MBS ETF by 0.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 196,470 shares of the company’s stock worth $4,765,000 after acquiring an additional 640 shares during the last quarter.

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.