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

Avantis Core Fixed Income ETF (NYSEARCA:AVIG)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $40.60 and last traded at $40.63, with a volume of 4244 shares trading hands. The stock had previously closed at $40.75.

Avantis Core Fixed Income ETF Stock Down 0.1%

The business has a fifty day moving average price of $40.99 and a two-hundred day moving average price of $41.40.

Institutional Investors Weigh In On Avantis Core Fixed Income ETF

A number of large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new position in Avantis Core Fixed Income ETF during the 4th quarter worth approximately $27,000. NewEdge Advisors LLC purchased a new stake in shares of Avantis Core Fixed Income ETF in the 1st quarter valued at $30,000. JPMorgan Chase & Co. acquired a new stake in shares of Avantis Core Fixed Income ETF in the second quarter worth $56,000. Lam Group Inc. increased its stake 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 worth $74,000 after acquiring an additional 1,775 shares during the period. Finally, FSA Advisors Inc. acquired a new stake in shares of Avantis Core Fixed Income ETF in the first quarter worth $250,000.

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.