Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Short Interest Down 15.2% in February

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 69,382 shares, a decline of 15.2% from the January 29th total of 81,800 shares. Based on an average daily trading volume, of 192,725 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 192,725 shares, the days-to-cover ratio is currently 0.4 days.

Avantis Core Fixed Income ETF Trading Up 0.0%

Shares of NYSEARCA:AVIG traded up $0.02 on Wednesday, hitting $42.33. The company had a trading volume of 29,190 shares, compared to its average volume of 188,740. Avantis Core Fixed Income ETF has a 1 year low of $40.02 and a 1 year high of $42.54. The firm’s 50-day simple moving average is $42.09 and its two-hundred day simple moving average is $42.06.

Avantis Core Fixed Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were paid a dividend of $0.16 per share. This is a positive change from Avantis Core Fixed Income ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Thursday, February 5th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Align Financial LLC bought a new stake in Avantis Core Fixed Income ETF in the fourth quarter worth $543,761,000. Janney Montgomery Scott LLC lifted its stake in shares of Avantis Core Fixed Income ETF by 108.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 934,908 shares of the company’s stock worth $39,194,000 after buying an additional 486,278 shares in the last quarter. CoreCap Advisors LLC raised its holdings in Avantis Core Fixed Income ETF by 52.2% in the 4th quarter. CoreCap Advisors LLC now owns 119,387 shares of the company’s stock worth $5,005,000 after acquiring an additional 40,935 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in Avantis Core Fixed Income ETF by 7.9% during the 4th quarter. Golden State Wealth Management LLC now owns 17,930 shares of the company’s stock valued at $752,000 after purchasing an additional 1,311 shares during the last quarter. Finally, Ares Financial Consulting LLC purchased a new position in shares of Avantis Core Fixed Income ETF in the fourth quarter worth $582,000.

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.