Short Interest in Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Increases By 49.8%

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 81,800 shares, an increase of 49.8% from the January 15th total of 54,610 shares. Based on an average trading volume of 202,371 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 202,371 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Avantis Core Fixed Income ETF

Several hedge funds have recently modified their holdings of AVIG. Golden State Wealth Management LLC increased its holdings in Avantis Core Fixed Income ETF by 7.9% in the 4th quarter. Golden State Wealth Management LLC now owns 17,930 shares of the company’s stock worth $752,000 after purchasing an additional 1,311 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Avantis Core Fixed Income ETF by 108.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 934,908 shares of the company’s stock valued at $39,194,000 after buying an additional 486,278 shares during the period. JDM Financial Group LLC bought a new position in Avantis Core Fixed Income ETF in the 4th quarter valued at approximately $416,000. Ares Financial Consulting LLC bought a new stake in Avantis Core Fixed Income ETF during the 4th quarter worth approximately $582,000. Finally, Farther Finance Advisors LLC acquired a new position in Avantis Core Fixed Income ETF in the 4th quarter valued at approximately $27,000.

Avantis Core Fixed Income ETF Stock Up 0.3%

Shares of AVIG stock traded up $0.11 on Friday, reaching $42.32. The company had a trading volume of 115,610 shares, compared to its average volume of 201,764. The business’s 50-day moving average is $41.99 and its 200 day moving average is $41.99. Avantis Core Fixed Income ETF has a one year low of $40.02 and a one year high of $42.48.

Avantis Core Fixed Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were given a $0.16 dividend. This is an increase from Avantis Core Fixed Income ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Thursday, February 5th.

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.