Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Trading Up 0% – Here’s Why

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS)’s stock price shot up 0% on Tuesday . The stock traded as high as $24.14 and last traded at $24.14. 105 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 1,919 shares. The stock had previously closed at $24.13.

Virtus Newfleet ABS/MBS ETF Trading Up 0.0 %

The firm’s 50-day moving average is $24.23 and its 200-day moving average is $24.24.

Hedge Funds Weigh In On Virtus Newfleet ABS/MBS ETF

A hedge fund recently bought a new stake in Virtus Newfleet ABS/MBS ETF stock. PFG Advisors acquired a new stake in shares of Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 37,842 shares of the company’s stock, valued at approximately $909,000. PFG Advisors owned 9.46% of Virtus Newfleet ABS/MBS ETF at the end of the most recent reporting period.

Virtus Newfleet ABS/MBS ETF Company Profile

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.