Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Stock Price Down 0.4% – What’s Next?

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABSGet Free Report)’s stock price traded down 0.4% on Monday . The company traded as low as $24.20 and last traded at $24.20. 1,223 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 4,827 shares. The stock had previously closed at $24.29.

Virtus Newfleet ABS/MBS ETF Stock Performance

The firm has a fifty day moving average price of $24.28 and a two-hundred day moving average price of $24.31.

Institutional Investors Weigh In On Virtus Newfleet ABS/MBS ETF

Large investors have recently made changes to their positions in the company. &PARTNERS lifted its position in shares of Virtus Newfleet ABS/MBS ETF by 23.9% during the 4th quarter. &PARTNERS now owns 23,825 shares of the company’s stock valued at $578,000 after buying an additional 4,592 shares in the last quarter. Envestnet Asset Management Inc. bought a new position in Virtus Newfleet ABS/MBS ETF in the 3rd quarter worth approximately $608,000. Jane Street Group LLC boosted its stake in Virtus Newfleet ABS/MBS ETF by 45.6% in the 1st quarter. Jane Street Group LLC now owns 28,114 shares of the company’s stock worth $686,000 after purchasing an additional 8,799 shares during the period. HighTower Advisors LLC boosted its stake in Virtus Newfleet ABS/MBS ETF by 1.4% in the 4th quarter. HighTower Advisors LLC now owns 35,623 shares of the company’s stock worth $864,000 after purchasing an additional 503 shares during the period. Finally, PFG Advisors boosted its stake in Virtus Newfleet ABS/MBS ETF by 16.1% in the 4th quarter. PFG Advisors now owns 58,747 shares of the company’s stock worth $1,425,000 after purchasing an additional 8,150 shares during the period.

Virtus Newfleet ABS/MBS ETF Company Profile

(Get Free Report)

The Virtus Newfleet ABS\u002FMBS ETF (VABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in US asset-backed and mortgage-backed securities guaranteed by both government and non-government entities. VABS was launched on Feb 9, 2021 and is managed by Virtus.

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