Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sees Strong Trading Volume – Time to Buy?

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) saw strong trading volume on Wednesday . 1,047,242 shares were traded during trading, an increase of 245% from the previous session’s volume of 303,291 shares.The stock last traded at $40.56 and had previously closed at $40.55.

Avantis Core Fixed Income ETF Stock Up 0.0%

The company’s 50 day moving average price is $40.97 and its 200 day moving average price is $41.39.

Institutional Investors Weigh In On Avantis Core Fixed Income ETF

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC acquired a new position in Avantis Core Fixed Income ETF during the 4th quarter worth approximately $27,000. NewEdge Advisors LLC purchased a new position in shares of Avantis Core Fixed Income ETF during the 1st quarter worth approximately $30,000. JPMorgan Chase & Co. acquired a new stake in shares of Avantis Core Fixed Income ETF in the 2nd quarter valued at approximately $56,000. Lam Group Inc. lifted its holdings in shares of Avantis Core Fixed Income ETF by 17,750.0% in 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. Finally, FSA Advisors Inc. purchased a new stake in shares of Avantis Core Fixed Income ETF in the first quarter valued at approximately $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.