Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Short Interest Down 65.6% in March
by Renee Jackson · The Cerbat GemAvantis Core Fixed Income ETF (NYSEARCA:AVIG – Get Free Report) saw a large drop in short interest in March. As of March 31st, there was short interest totaling 91,408 shares, a drop of 65.6% from the March 15th total of 265,843 shares. Based on an average daily trading volume, of 432,325 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.
Avantis Core Fixed Income ETF Stock Down 0.1%
AVIG stock traded down $0.05 on Friday, reaching $41.60. 185,573 shares of the company traded hands, compared to its average volume of 291,186. Avantis Core Fixed Income ETF has a one year low of $40.02 and a one year high of $42.54. The firm has a fifty day simple moving average of $41.89 and a 200-day simple moving average of $41.99.
Avantis Core Fixed Income ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were given a dividend of $0.16 per share. This is a boost 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) dividend on an annualized basis and a yield of 4.6%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CoreCap Advisors LLC increased its position 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 buying an additional 40,935 shares in the last quarter. JPMorgan Chase & Co. increased its position in Avantis Core Fixed Income ETF by 248.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,717 shares of the company’s stock valued at $198,000 after buying an additional 3,365 shares in the last quarter. Golden State Wealth Management LLC increased its position in Avantis Core Fixed Income ETF by 4.8% during the 3rd quarter. Golden State Wealth Management LLC now owns 16,619 shares of the company’s stock valued at $699,000 after buying an additional 767 shares in the last quarter. Align Financial LLC bought a new position in Avantis Core Fixed Income ETF during the 4th quarter valued at approximately $543,761,000. Finally, Janney Montgomery Scott LLC increased its position in Avantis Core Fixed Income ETF by 108.4% during the 4th 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 in 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.