Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Shares Up 0.6% – Still a Buy?

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was up 0.6% during trading on Monday . The company traded as high as $40.71 and last traded at $40.64. Approximately 134,157 shares changed hands during trading, an increase of 15% from the average daily volume of 116,396 shares. The stock had previously closed at $40.41.

Avantis Core Fixed Income ETF Price Performance

The stock’s 50 day moving average price is $41.08 and its 200-day moving average price is $41.10.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

A number of hedge funds have recently made changes to their positions in AVIG. Golden State Wealth Management LLC bought a new position in Avantis Core Fixed Income ETF during the fourth quarter valued at approximately $551,000. Betterment LLC boosted its position in shares of Avantis Core Fixed Income ETF by 52.6% during the 4th quarter. Betterment LLC now owns 14,967 shares of the company’s stock valued at $607,000 after acquiring an additional 5,156 shares during the last quarter. Curio Wealth LLC purchased a new position in shares of Avantis Core Fixed Income ETF in the fourth quarter valued at $57,000. Finally, Baird Financial Group Inc. increased its position in Avantis Core Fixed Income ETF by 10.8% in the fourth quarter. Baird Financial Group Inc. now owns 6,185 shares of the company’s stock worth $251,000 after purchasing an additional 604 shares during the last quarter.

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.