Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Stock Price Up 0.1% – Still a Buy?

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABSGet Free Report) shares were up 0.1% during trading on Thursday . The stock traded as high as $24.12 and last traded at $24.11. Approximately 107 shares were traded during mid-day trading, a decline of 99% from the average session volume of 11,172 shares. The stock had previously closed at $24.09.

Virtus Newfleet ABS/MBS ETF Stock Performance

The business has a 50-day simple moving average of $24.16 and a 200-day simple moving average of $24.20.

Institutional Trading of Virtus Newfleet ABS/MBS ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VABS. &PARTNERS boosted its stake in Virtus Newfleet ABS/MBS ETF by 23.9% during the fourth quarter. &PARTNERS now owns 23,825 shares of the company’s stock worth $578,000 after buying an additional 4,592 shares during the period. Envestnet Asset Management Inc. bought a new stake in shares of Virtus Newfleet ABS/MBS ETF in the 3rd quarter worth about $608,000. Jane Street Group LLC boosted its stake in shares of Virtus Newfleet ABS/MBS ETF by 45.6% during the 1st quarter. Jane Street Group LLC now owns 28,114 shares of the company’s stock worth $686,000 after purchasing an additional 8,799 shares during the period. HighTower Advisors LLC boosted its stake in shares of Virtus Newfleet ABS/MBS ETF by 1.4% during the 4th quarter. HighTower Advisors LLC now owns 35,623 shares of the company’s stock worth $864,000 after purchasing an additional 503 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its holdings in Virtus Newfleet ABS/MBS ETF by 0.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 196,470 shares of the company’s stock valued at $4,765,000 after purchasing an additional 640 shares during the last quarter.

About Virtus Newfleet ABS/MBS ETF

(Get Free Report)

The Virtus Newfleet ABS\u002FMBS ETF (VABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in US asset-backed and mortgage-backed securities guaranteed by both government and non-government entities. VABS was launched on Feb 9, 2021 and is managed by Virtus.

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