Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Trading Up 0.6% – Should You Buy?

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

Avantis Core Fixed Income ETF Price Performance

The company has a 50 day simple moving average of $41.08 and a 200-day simple moving average of $41.10.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

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

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.