Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Trading 0.1% Higher – What’s Next?

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) shares were up 0.1% during trading on Wednesday . The stock traded as high as $45.89 and last traded at $45.88. Approximately 4,834 shares traded hands during trading, a decline of 52% from the average daily volume of 10,060 shares. The stock had previously closed at $45.85.

Avantis Core Municipal Fixed Income ETF Stock Down 0.0 %

The company has a fifty day moving average price of $46.13 and a two-hundred day moving average price of $46.37.

Institutional Investors Weigh In On Avantis Core Municipal Fixed Income ETF

Hedge funds have recently made changes to their positions in the business. Nemes Rush Group LLC acquired a new stake in Avantis Core Municipal Fixed Income ETF during the 4th quarter worth approximately $84,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Avantis Core Municipal Fixed Income ETF during the fourth quarter worth $189,000. Magnolia Private Wealth LLC purchased a new position in Avantis Core Municipal Fixed Income ETF in the 4th quarter valued at $532,000. Crews Bank & Trust acquired a new position in Avantis Core Municipal Fixed Income ETF in the 4th quarter valued at $581,000. Finally, OLD Mission Capital LLC purchased a new position in Avantis Core Municipal Fixed Income ETF during the 4th quarter worth $1,664,000.

Avantis Core Municipal Fixed Income ETF Company Profile

The Avantis Core Municipal Fixed Income ETF (AVMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in investment-grade US municipal securities. AVMU was launched on Dec 8, 2020 and is managed by American Century Investments.