Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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.

Avantis Core Municipal Fixed Income ETF Trading Down 0.0 %

The stock has a fifty day simple moving average of $46.52 and a two-hundred day simple moving average of $46.40.

Hedge Funds Weigh In On Avantis Core Municipal Fixed Income ETF

A hedge fund recently raised its stake in Avantis Core Municipal Fixed Income ETF stock. Strategic Blueprint LLC boosted its holdings in Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,435 shares of the company’s stock after acquiring an additional 1,362 shares during the quarter. Strategic Blueprint LLC owned 1.52% of Avantis Core Municipal Fixed Income ETF worth $2,142,000 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.