Short Interest in Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Decreases By 15.2%

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 69,382 shares, a drop of 15.2% from the January 29th total of 81,800 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 192,725 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 192,725 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC bought a new position in shares of Avantis Core Fixed Income ETF during the 4th quarter worth approximately $25,000. Farther Finance Advisors LLC purchased a new stake in shares of Avantis Core Fixed Income ETF during the fourth quarter valued at approximately $27,000. JPMorgan Chase & Co. bought a new stake in Avantis Core Fixed Income ETF during the second quarter worth $56,000. JDM Financial Group LLC purchased a new position in Avantis Core Fixed Income ETF in the fourth quarter worth $416,000. Finally, Ares Financial Consulting LLC purchased a new position in Avantis Core Fixed Income ETF in the fourth quarter worth $582,000.

Avantis Core Fixed Income ETF Stock Up 0.0%

NYSEARCA AVIG traded up $0.02 on Wednesday, hitting $42.33. 29,190 shares of the company were exchanged, compared to its average volume of 188,740. The stock has a fifty day moving average of $42.09 and a 200-day moving average of $42.06. Avantis Core Fixed Income ETF has a 12 month low of $40.02 and a 12 month high of $42.54.

Avantis Core Fixed Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Thursday, February 5th were given 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%.

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.