Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Stock Breaks Above 50 Day Moving Average – Time to Sell?

Avantis Core Fixed Income ETF (NYSEARCA:AVIG – Get Free Report) passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $40.03 and traded as high as $40.05. Avantis Core Fixed Income ETF shares last traded at $40.04, with a volume of 1,543,411 shares changing hands.

Avantis Core Fixed Income ETF Trading Up 0.1%

The company has a 50-day moving average of $40.03 and a 200-day moving average of $41.15.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

A number of hedge funds have recently made changes to their positions in the stock. Align Financial LLC lifted its stake in shares of Avantis Core Fixed Income ETF by 1.0% in the third quarter. Align Financial LLC now owns 366,727 shares of the company’s stock worth $14,445,000 after acquiring an additional 3,536 shares during the period. Lam Group Inc. boosted its holdings in 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 acquiring an additional 1,775 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in Avantis Core Fixed Income ETF by 24.0% in the second quarter. CoreCap Advisors LLC now owns 164,608 shares of the company’s stock valued at $6,816,000 after acquiring an additional 31,823 shares during the last quarter. NewEdge Advisors LLC bought a new stake in Avantis Core Fixed Income ETF in the first quarter valued at approximately $30,000. Finally, JDM Financial Group LLC increased its position in Avantis Core Fixed Income ETF by 7.5% during the 1st quarter. JDM Financial Group LLC now owns 10,658 shares of the company’s stock valued at $443,000 after purchasing an additional 744 shares during the period.

About Avantis Core Fixed Income ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Avantis Core Fixed Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis Core Fixed Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.