Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Reaches New 52-Week Low – Here’s What Happened

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) hit a new 52-week low during trading on Thursday . The company traded as low as $40.71 and last traded at $40.71, with a volume of 830 shares changing hands. The stock had previously closed at $40.91.

Avantis Core Fixed Income ETF Trading Down 0.3%

The firm has a 50-day simple moving average of $41.23 and a two-hundred day simple moving average of $41.63.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

Hedge funds have recently bought and sold shares of the business. Lodestone Wealth Management LLC bought a new stake in Avantis Core Fixed Income ETF in the 4th quarter valued at about $25,000. Farther Finance Advisors LLC bought a new position in shares of Avantis Core Fixed Income ETF during the fourth quarter worth approximately $27,000. NewEdge Advisors LLC bought a new position in shares of Avantis Core Fixed Income ETF during the first quarter worth approximately $30,000. JPMorgan Chase & Co. acquired a new stake in shares of Avantis Core Fixed Income ETF in the second quarter valued at approximately $56,000. Finally, Lam Group Inc. raised its position in shares of Avantis Core Fixed Income ETF by 17,750.0% in the second quarter. Lam Group Inc. now owns 1,785 shares of the company’s stock valued at $74,000 after buying an additional 1,775 shares in 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.