Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Trading 0.2% Higher

Shares of Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) traded up 0.2% during trading on Friday . The stock traded as high as $24.31 and last traded at $24.31. 158 shares traded hands during trading, a decline of 92% from the average session volume of 1,891 shares. The stock had previously closed at $24.26.

Virtus Newfleet ABS/MBS ETF Stock Up 0.2 %

The stock has a 50 day moving average price of $24.17 and a two-hundred day moving average price of $24.00.

Institutional Trading of Virtus Newfleet ABS/MBS ETF

A hedge fund recently bought a new stake in Virtus Newfleet ABS/MBS ETF stock. PFG Advisors acquired a new position in shares of Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 37,842 shares of the company’s stock, valued at approximately $909,000. PFG Advisors owned approximately 9.46% of Virtus Newfleet ABS/MBS ETF as of its most recent filing with the Securities and Exchange Commission.

Virtus Newfleet ABS/MBS ETF Company Profile

The Virtus Newfleet ABS\u002FMBS ETF (VABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in US asset-backed and mortgage-backed securities guaranteed by both government and non-government entities. VABS was launched on Feb 9, 2021 and is managed by Virtus.