Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Stock Price Down 0.1%

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU)’s stock price dropped 0.1% during trading on Tuesday . The company traded as low as $46.08 and last traded at $46.11. Approximately 1,808 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 7,580 shares. The stock had previously closed at $46.16.

Avantis Core Municipal Fixed Income ETF Stock Performance

The business has a 50 day moving average of $46.42 and a 200 day moving average of $46.10.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Avantis Core Municipal Fixed Income ETF stock. Strategic Blueprint LLC raised its holdings in shares of Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,653 shares of the company’s stock after purchasing an additional 529 shares during the quarter. Strategic Blueprint LLC owned 2.43% of Avantis Core Municipal Fixed Income ETF worth $2,046,000 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.