VABS Stock: Virtus Newfleet ABS/MBS ETF Stock Price, Analysis & Insights
Get live vabs stock price $24.55, comprehensive Virtus Newfleet ABS/MBS ETF stock analysis, charts, news, and expert forecast. Real-time vabs stock data and investment insights.
Company Overview
The fund's sub-adviser, seeks to achieve its investment objective by investing in asset-backed securities ("ABS") and mortgage-backed securities ("MBS"), including commercial MBS and residential MBS. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade tranches of ABS and MBS, and in derivatives and other instruments that have economic characteristics similar to such investments.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 52.54M market capitalization
- Trading Volume: 4.02K shares traded today
- Price Range: 52-week range of $24.11 - $24.69
- Exchange: Listed on New York Stock Exchange Arca
Financial Metrics
Market Analysis for Virtus Newfleet ABS/MBS ETF
Virtus Newfleet ABS/MBS ETF (VABS) operates in the Asset Management industry within the Financial Services sector. With a current market capitalization of 52.54M, the company represents a significant player in its market. The stock is currently trading at $24.55 with a positivedaily change of 0.10%.
The company's substantial employee base and presence on the New York Stock Exchange Arcaexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of N/A, beta of 0.24, and 52-week price range from $24.11 to $24.69when evaluating investment opportunities.
Why Invest in Virtus Newfleet ABS/MBS ETF?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange Arca)
- • Experienced leadership under
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.