Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Shares Up 0.2% – Still a Buy?

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU)’s share price rose 0.2% during mid-day trading on Monday . The stock traded as high as $46.10 and last traded at $46.07. Approximately 18,100 shares traded hands during trading, an increase of 4% from the average daily volume of 17,366 shares. The stock had previously closed at $45.97.

Avantis Core Municipal Fixed Income ETF Trading Up 0.2%

The company’s fifty day simple moving average is $45.84 and its 200-day simple moving average is $44.94.

Hedge Funds Weigh In On Avantis Core Municipal Fixed Income ETF

A number of large investors have recently bought and sold shares of the business. Nemes Rush Group LLC boosted its position in Avantis Core Municipal Fixed Income ETF by 63.1% during the 1st quarter. Nemes Rush Group LLC now owns 2,981 shares of the company’s stock valued at $136,000 after acquiring an additional 1,153 shares in the last quarter. Fourth Dimension Wealth LLC boosted its position in Avantis Core Municipal Fixed Income ETF by 13.6% during the second quarter. Fourth Dimension Wealth LLC now owns 4,682 shares of the company’s stock valued at $210,000 after purchasing an additional 561 shares in the last quarter. Flow Traders U.S. LLC grew its stake in Avantis Core Municipal Fixed Income ETF by 13.1% in the second quarter. Flow Traders U.S. LLC now owns 5,043 shares of the company’s stock valued at $226,000 after purchasing an additional 585 shares during the last quarter. Finally, Crews Bank & Trust raised its holdings in Avantis Core Municipal Fixed Income ETF by 61.8% in the third quarter. Crews Bank & Trust now owns 15,127 shares of the company’s stock worth $690,000 after purchasing an additional 5,780 shares in the last 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.