Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Shares Up 0.1% – What’s Next?

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABSGet Free Report)’s share price shot up 0.1% during trading on Tuesday . The company traded as high as $24.19 and last traded at $24.19. 5,249 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 16,330 shares. The stock had previously closed at $24.17.

Virtus Newfleet ABS/MBS ETF Price Performance

The business has a 50 day simple moving average of $24.18 and a 200 day simple moving average of $24.27.

Hedge Funds Weigh In On Virtus Newfleet ABS/MBS ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Creative Financial Designs Inc. ADV boosted its stake in Virtus Newfleet ABS/MBS ETF by 0.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 196,470 shares of the company’s stock worth $4,765,000 after purchasing an additional 640 shares in the last quarter. Stapp Wealth Management Pllc lifted its stake in shares of Virtus Newfleet ABS/MBS ETF by 4.1% during the fourth quarter. Stapp Wealth Management Pllc now owns 78,504 shares of the company’s stock valued at $1,904,000 after acquiring an additional 3,080 shares during the period. PFG Advisors lifted its stake in shares of Virtus Newfleet ABS/MBS ETF by 16.1% during the fourth quarter. PFG Advisors now owns 58,747 shares of the company’s stock valued at $1,425,000 after acquiring an additional 8,150 shares during the period. Jane Street Group LLC lifted its stake in shares of Virtus Newfleet ABS/MBS ETF by 33.8% during the second quarter. Jane Street Group LLC now owns 37,625 shares of the company’s stock valued at $924,000 after acquiring an additional 9,511 shares during the period. Finally, HighTower Advisors LLC lifted its stake in shares of Virtus Newfleet ABS/MBS ETF by 1.4% during the fourth quarter. HighTower Advisors LLC now owns 35,623 shares of the company’s stock valued at $864,000 after acquiring an additional 503 shares during the period.

Virtus Newfleet ABS/MBS ETF Company Profile

(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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