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

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) traded down 0.1% on Thursday . The company traded as low as $40.49 and last traded at $40.56. 79,717 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 122,573 shares. The stock had previously closed at $40.62.

Avantis Core Fixed Income ETF Stock Down 0.1 %

The stock has a 50 day simple moving average of $40.86 and a two-hundred day simple moving average of $41.46.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of AVIG. Magnolia Capital Advisors LLC acquired a new position in shares of Avantis Core Fixed Income ETF in the second quarter valued at approximately $1,827,000. Farther Finance Advisors LLC increased its holdings 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 valued at $6,002,000 after purchasing an additional 83,967 shares during the period. Finally, Flow Traders U.S. LLC increased its holdings 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 valued at $929,000 after purchasing an additional 13,302 shares during the period.

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.