Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Trading 0.1% Higher – Here’s What Happened

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS)’s stock price rose 0.1% during trading on Tuesday . The stock traded as high as $24.19 and last traded at $24.19. Approximately 5,249 shares were traded during trading, a decline of 68% from the average daily 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 two-hundred day simple moving average of $24.27.

Institutional Trading of Virtus Newfleet ABS/MBS ETF

Several institutional investors have recently modified their holdings 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 valued at $578,000 after buying an additional 4,592 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in Virtus Newfleet ABS/MBS ETF in the third quarter worth about $608,000. Jane Street Group LLC raised its position in Virtus Newfleet ABS/MBS ETF by 45.6% in the first quarter. Jane Street Group LLC now owns 28,114 shares of the company’s stock worth $686,000 after acquiring an additional 8,799 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Virtus Newfleet ABS/MBS ETF by 1.4% in the 4th 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 last quarter. Finally, PFG Advisors lifted its holdings in Virtus Newfleet ABS/MBS ETF by 16.1% in the 4th 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 last quarter.

About Virtus Newfleet ABS/MBS ETF

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.