Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Shares Down 0.1% – Should You Sell?

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was down 0.1% on Wednesday . The stock traded as low as $40.53 and last traded at $40.57. Approximately 59,218 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 100,508 shares. The stock had previously closed at $40.63.

Avantis Core Fixed Income ETF Stock Down 0.1 %

The firm has a 50 day moving average price of $41.12 and a two-hundred day moving average price of $41.53.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its holdings in shares of Avantis Core Fixed Income ETF by 146.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 141,187 shares of the company’s stock valued at $6,002,000 after acquiring an additional 83,967 shares in the last quarter. Magnolia Capital Advisors LLC acquired a new position in shares of Avantis Core Fixed Income ETF during the second quarter worth about $1,827,000. Finally, Flow Traders U.S. LLC boosted its position in shares of Avantis Core Fixed Income ETF by 155.6% in the third quarter. Flow Traders U.S. LLC now owns 21,853 shares of the company’s stock worth $929,000 after buying an additional 13,302 shares during the period.

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.