Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sets New 52-Week High – What’s Next?

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) reached a new 52-week high on Friday . The stock traded as high as $42.49 and last traded at $42.4950, with a volume of 15609 shares changing hands. The stock had previously closed at $42.40.

Avantis Core Fixed Income ETF Stock Performance

The company has a 50-day moving average of $42.06 and a 200 day moving average of $42.03.

Avantis Core Fixed Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Thursday, February 5th were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, February 5th. This is a positive change from Avantis Core Fixed Income ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Lodestone Wealth Management LLC acquired a new stake in Avantis Core Fixed Income ETF in the 4th quarter valued at about $25,000. Farther Finance Advisors LLC acquired a new stake in shares of Avantis Core Fixed Income ETF in the fourth quarter valued at approximately $27,000. JPMorgan Chase & Co. acquired a new stake in shares of Avantis Core Fixed Income ETF in the second quarter valued at approximately $56,000. JDM Financial Group LLC purchased a new position in Avantis Core Fixed Income ETF during the fourth quarter worth approximately $416,000. Finally, Ares Financial Consulting LLC acquired a new position in Avantis Core Fixed Income ETF during the fourth quarter worth $582,000.

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.