Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sees Unusually-High Trading Volume – What’s Next?

Shares of Avantis Core Fixed Income ETF (NYSEARCA:AVIG) saw strong trading volume on Friday . 116,209 shares changed hands during mid-day trading, a decline of 16% from the previous session’s volume of 138,228 shares.The stock last traded at $41.29 and had previously closed at $41.24.

Avantis Core Fixed Income ETF Trading Up 0.2 %

The business’s 50-day simple moving average is $40.77 and its 200-day simple moving average is $41.36.

Institutional Trading of Avantis Core Fixed Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC increased its position in Avantis Core Fixed Income ETF by 155.6% during the third quarter. Flow Traders U.S. LLC now owns 21,853 shares of the company’s stock worth $929,000 after buying an additional 13,302 shares during the last quarter. Golden State Wealth Management LLC bought a new position in Avantis Core Fixed Income ETF during the 4th quarter worth $551,000. Baird Financial Group Inc. boosted its position in shares of Avantis Core Fixed Income ETF by 10.8% in the fourth quarter. Baird Financial Group Inc. now owns 6,185 shares of the company’s stock valued at $251,000 after acquiring an additional 604 shares during the period. Betterment LLC grew its position in shares of Avantis Core Fixed Income ETF by 52.6% during the 4th quarter. Betterment LLC now owns 14,967 shares of the company’s stock worth $607,000 after purchasing an additional 5,156 shares in the last quarter. Finally, Curio Wealth LLC acquired a new position in Avantis Core Fixed Income ETF in the fourth quarter valued at about $57,000.

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.