Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Trading 0% Higher – Here’s What Happened

Shares of Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) rose 0% on Wednesday . The stock traded as high as $45.99 and last traded at $45.99. Approximately 4,993 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 8,374 shares. The stock had previously closed at $45.97.

Avantis Core Municipal Fixed Income ETF Trading Up 0.0 %

The firm has a 50-day simple moving average of $46.43 and a 200 day simple moving average of $46.47.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Avantis Core Municipal Fixed Income ETF stock. Farther Finance Advisors LLC boosted its position in shares of Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) by 29.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund 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 reporting period.

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.