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

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) saw unusually-strong trading volume on Monday . Approximately 90,984 shares traded hands during trading, a decline of 38% from the previous session’s volume of 147,447 shares.The stock last traded at $41.12 and had previously closed at $41.15.

Avantis Core Fixed Income ETF Stock Performance

The stock’s 50-day moving average is $40.87 and its two-hundred day moving average is $41.30.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Curio Wealth LLC purchased a new position in shares of Avantis Core Fixed Income ETF during the fourth quarter valued at $57,000. Baird Financial Group Inc. lifted its stake in Avantis Core Fixed Income ETF by 10.8% during the 4th 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. Golden State Wealth Management LLC acquired a new stake in Avantis Core Fixed Income ETF during the 4th quarter worth about $551,000. Betterment LLC raised its position in Avantis Core Fixed Income ETF by 52.6% during the fourth quarter. Betterment LLC now owns 14,967 shares of the company’s stock valued at $607,000 after acquiring an additional 5,156 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its holdings 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 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.