Magnolia Private Wealth LLC Purchases Shares of 11,525 Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU)

Magnolia Private Wealth LLC bought a new stake in shares of Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,525 shares of the company’s stock, valued at approximately $532,000.

Separately, Farther Finance Advisors LLC raised its stake in Avantis Core Municipal Fixed Income ETF by 29.9% during the third quarter. Farther Finance Advisors LLC now owns 3,941 shares of the company’s stock worth $185,000 after buying an additional 908 shares during the last quarter.

Avantis Core Municipal Fixed Income ETF Stock Up 0.4 %

Shares of AVMU opened at $46.60 on Wednesday. The firm’s fifty day simple moving average is $46.10 and its two-hundred day simple moving average is $46.41. Avantis Core Municipal Fixed Income ETF has a 12 month low of $45.51 and a 12 month high of $47.04.

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.