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

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) shares rose 0.1% on Wednesday . The stock traded as high as $45.89 and last traded at $45.88. Approximately 4,834 shares changed hands during mid-day 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 Performance

The company’s 50 day moving average price is $46.13 and its two-hundred day moving average price is $46.37.

Institutional Inflows and Outflows

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

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.