Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Stock Price Up 0.2% – What’s Next?

Avantis Core Fixed Income ETF (NYSEARCA:AVIG)’s share price rose 0.2% on Monday . The stock traded as high as $40.88 and last traded at $40.85. Approximately 79,170 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 121,481 shares. The stock had previously closed at $40.76.

Avantis Core Fixed Income ETF Price Performance

The stock has a 50-day moving average of $40.89 and a 200-day moving average of $40.94.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVIG. Curio Wealth LLC purchased a new position in shares of Avantis Core Fixed Income ETF during the fourth quarter worth approximately $57,000. Baird Financial Group Inc. grew its holdings in shares of Avantis Core Fixed Income ETF by 10.8% during the 4th quarter. Baird Financial Group Inc. now owns 6,185 shares of the company’s stock valued at $251,000 after purchasing an additional 604 shares during the last quarter. Betterment LLC raised its position in Avantis Core Fixed Income ETF by 52.6% in the 4th quarter. Betterment LLC now owns 14,967 shares of the company’s stock worth $607,000 after purchasing an additional 5,156 shares during the period. Golden State Wealth Management LLC raised its position in Avantis Core Fixed Income ETF by 11.3% in the 1st quarter. Golden State Wealth Management LLC now owns 15,105 shares of the company’s stock worth $625,000 after purchasing an additional 1,534 shares during the period. Finally, Flow Traders U.S. LLC lifted its stake in Avantis Core Fixed Income ETF by 587.4% in the first quarter. Flow Traders U.S. LLC now owns 82,690 shares of the company’s stock worth $3,423,000 after purchasing an additional 70,661 shares during the last quarter.

About Avantis Core Fixed Income ETF

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.