Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sets New 52-Week Low – Time to Sell?

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) reached a new 52-week low on Wednesday. The stock traded as low as $39.88 and last traded at $39.8550, with a volume of 9164 shares. The stock had previously closed at $40.10.

Avantis Core Fixed Income ETF Stock Performance

The firm’s 50 day simple moving average is $40.60 and its 200-day simple moving average is $41.13.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AVIG. Lam Group Inc. boosted its stake in shares of Avantis Core Fixed Income ETF by 17,750.0% during the 2nd quarter. Lam Group Inc. now owns 1,785 shares of the company’s stock valued at $74,000 after buying an additional 1,775 shares during the period. CoreCap Advisors LLC grew its holdings in shares of Avantis Core Fixed Income ETF by 24.0% during the 2nd 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 in the last quarter. NewEdge Advisors LLC acquired a new position in shares of Avantis Core Fixed Income ETF in the first quarter worth $30,000. JDM Financial Group LLC increased its stake in shares of Avantis Core Fixed Income ETF by 7.5% in the first quarter. JDM Financial Group LLC now owns 10,658 shares of the company’s stock worth $443,000 after acquiring an additional 744 shares during the last quarter. Finally, FSA Advisors Inc. acquired a new position in shares of Avantis Core Fixed Income ETF in the first quarter worth $250,000.

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.