Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Trading Down 0.1% – Here’s What Happened

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

Avantis Core Fixed Income ETF Stock Performance

The company has a 50 day simple moving average of $41.08 and a 200-day simple moving average of $41.51.

Institutional Trading of Avantis Core Fixed Income ETF

A number of institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC grew its stake in shares of Avantis Core Fixed Income ETF by 146.7% in the third quarter. Farther Finance Advisors LLC now owns 141,187 shares of the company’s stock worth $6,002,000 after purchasing an additional 83,967 shares during the last quarter. Magnolia Capital Advisors LLC purchased a new stake in Avantis Core Fixed Income ETF in the 2nd quarter worth approximately $1,827,000. Finally, Flow Traders U.S. LLC grew its position in shares of Avantis Core Fixed Income ETF by 155.6% in the 3rd 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 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.