Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Trading Up 0% – Should You Buy?

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS)’s stock price traded up 0% on Tuesday . The company traded as high as $24.14 and last traded at $24.14. 105 shares were traded 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 Stock Performance

The company’s 50 day simple moving average is $24.24 and its 200-day simple 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. Jane Street Group LLC bought a new stake in shares of Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 41,624 shares of the company’s stock, valued at approximately $1,014,000. Jane Street Group LLC owned approximately 10.41% of Virtus Newfleet ABS/MBS ETF as of its most recent filing with the Securities and Exchange Commission.

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.