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

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

Avantis Core Fixed Income ETF Price Performance

The company has a 50 day simple moving average of $40.85 and a 200 day simple moving average of $41.46.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

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