Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

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

Avantis Core Municipal Fixed Income ETF Stock Performance

The business has a 50-day moving average price of $46.52 and a 200 day moving average price of $46.40.

Institutional Trading of Avantis Core Municipal Fixed Income ETF

An institutional investor recently raised its position in Avantis Core Municipal Fixed Income ETF stock. Farther Finance Advisors LLC grew its stake in shares of Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) by 29.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,941 shares of the company’s stock after acquiring an additional 908 shares during the period. Farther Finance Advisors LLC owned 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.