Short Interest in Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Drops By 15.2%

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 69,382 shares, a decrease of 15.2% from the January 29th total of 81,800 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 192,725 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 192,725 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Align Financial LLC acquired a new stake in shares of Avantis Core Fixed Income ETF during the fourth quarter valued at about $543,761,000. Janney Montgomery Scott LLC boosted its holdings in 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 purchasing an additional 486,278 shares during the last quarter. CoreCap Advisors LLC grew its stake in Avantis Core Fixed Income ETF by 52.2% during the 4th quarter. CoreCap Advisors LLC now owns 119,387 shares of the company’s stock valued at $5,005,000 after purchasing an additional 40,935 shares in the last quarter. Golden State Wealth Management LLC grew its stake in Avantis Core Fixed Income ETF by 7.9% during the 4th quarter. Golden State Wealth Management LLC now owns 17,930 shares of the company’s stock valued at $752,000 after purchasing an additional 1,311 shares in the last quarter. Finally, Ares Financial Consulting LLC purchased a new stake in Avantis Core Fixed Income ETF during the 4th quarter worth approximately $582,000.

Avantis Core Fixed Income ETF Trading Down 0.6%

AVIG opened at $42.03 on Friday. The firm’s 50 day moving average is $42.10 and its 200-day moving average is $42.06. Avantis Core Fixed Income ETF has a 52-week low of $40.02 and a 52-week high of $42.54.

Avantis Core Fixed Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were paid a dividend of $0.16 per share. This is a positive change from Avantis Core Fixed Income ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Thursday, February 5th. This represents a c) annualized dividend and a yield of 4.6%.

Avantis Core Fixed Income ETF Company Profile

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.