Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Reaches New 12-Month Low – Here’s What Happened

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) reached a new 52-week low on Tuesday . The stock traded as low as $40.49 and last traded at $40.52, with a volume of 2883137 shares traded. The stock had previously closed at $40.52.

Avantis Core Fixed Income ETF Stock Performance

The firm’s 50-day moving average is $40.86 and its 200-day moving average is $41.31.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

Several large investors have recently made changes to their positions in AVIG. NewEdge Advisors LLC bought a new position in shares of Avantis Core Fixed Income ETF during the first quarter valued at $30,000. JPMorgan Chase & Co. purchased a new stake in shares of Avantis Core Fixed Income ETF during the 2nd quarter valued at about $56,000. Lam Group Inc. lifted its stake in shares of Avantis Core Fixed Income ETF by 17,750.0% in the 2nd quarter. Lam Group Inc. now owns 1,785 shares of the company’s stock worth $74,000 after purchasing an additional 1,775 shares during the period. FSA Advisors Inc. bought a new position in shares of Avantis Core Fixed Income ETF in the 1st quarter worth approximately $250,000. Finally, JDM Financial Group LLC boosted its stake in shares of Avantis Core Fixed Income ETF by 7.5% during the 1st quarter. JDM Financial Group LLC now owns 10,658 shares of the company’s stock worth $443,000 after acquiring an additional 744 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.