Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $46.40 and traded as high as $46.75. Avantis Core Municipal Fixed Income ETF shares last traded at $46.75, with a volume of 6,945 shares traded.

Avantis Core Municipal Fixed Income ETF Trading Up 0.2 %

The firm’s 50-day moving average price is $46.52 and its 200 day moving average price is $46.40.

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 stake in Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) by 29.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,941 shares of the company’s stock after purchasing an additional 908 shares during the quarter. Farther Finance Advisors LLC owned about 0.13% of Avantis Core Municipal Fixed Income ETF worth $185,000 at the end of the most recent quarter.

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.