Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Trading Up 0.4% – Here’s What Happened

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) shot up 0.4% on Wednesday . The company traded as high as $45.85 and last traded at $45.76. 29,353 shares traded hands during trading, an increase of 50% from the average session volume of 19,517 shares. The stock had previously closed at $45.56.

Avantis Core Municipal Fixed Income ETF Trading Up 0.3 %

The company’s fifty day moving average price is $46.33 and its 200-day moving average price is $46.44.

Institutional Investors Weigh In On Avantis Core Municipal Fixed Income ETF

A hedge fund recently raised its stake in Avantis Core Municipal Fixed Income ETF stock. Farther Finance Advisors LLC grew its position in shares of Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) by 29.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,941 shares of the company’s stock after buying an additional 908 shares during the quarter. Farther Finance Advisors LLC owned 0.13% of Avantis Core Municipal Fixed Income ETF worth $185,000 as of its most recent filing with the Securities & Exchange Commission.

About Avantis Core Municipal Fixed Income ETF

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.