Avantis Core Municipal Fixed Income ETF
AVMU
34 hedge funds and large institutions have $100M invested in Avantis Core Municipal Fixed Income ETF in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
51% more capital invested
Capital invested by funds: $66.2M → $100M (+$34.1M)
48% more funds holding
Funds holding: 23 → 34 (+11)
4.03% more ownership
Funds ownership: 71.03% → 75.06% (+4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHWM
Beaird Harris Wealth Management
Dallas,
Texas
|
+$11.8M |
| 2 |
FPGK
Financial Partners Group (Kansas)
Overland Park,
Kansas
|
+$8.21M |
| 3 |
Jane Street
New York
|
+$4.34M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.4M |
| 5 |
B
BetterWealth
San Jose,
California
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
-$1.27M |
| 2 |
W
WorthPointe
La Jolla,
California
|
-$833K |
| 3 |
EAM
Evanson Asset Management
Carmel,
California
|
-$545K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$417K |
| 5 |
LWMNY
Landmark Wealth Management (New York)
Melville,
New York
|
-$265K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OA
26
Oceanside Advisors
Mount Pleasant,
South Carolina
| $314K | +$303K | +6,704 | New |
|
|
MRWM
27
ML&R Wealth Management
Austin,
Texas
| $256K | +$247K | +5,468 | New |
|
|
FWP
28
FAS Wealth Partners
Leawood,
Kansas
| $191K | +$184K | +4,068 | New |
|
|
TIM
29
Tortoise Investment Management
White Plains,
New York
| $188K | – | – | – |
|
30
Comerica Bank
Dallas,
Texas
| $180K | – | – | – |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| $178K | +$171K | +3,788 | New |
|
|
DWM
32
Dogwood Wealth Management
Lenexa,
Kansas
| $175K | +$168K | +3,724 | New |
|
|
FFA
33
Farther Finance Advisors
San Francisco,
California
| $132K | +$127K | +2,814 | New |
|
34
UBS Group
Zurich,
Switzerland
| $51.9K | +$48.9K | +1,081 | +4,004% |
|
|
W
35
WorthPointe
La Jolla,
California
| – | -$833K | -18,777 | Closed |
|
|
EAM
36
Evanson Asset Management
Carmel,
California
| – | -$545K | -12,284 | Closed |
|
|
37
Osaic Holdings
Scottsdale,
Arizona
| – | -$417K | -9,392 | Closed |
|
AVMU Hedge Fund Activity: Q4 2023 in Review
34 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Avantis Core Municipal Fixed Income ETF (AVMU) for Q4 2023, worth a combined $100M — up 51% from $66.2M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new AVMU positions and 3 closed out — a net gain of 11 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Beaird Harris Wealth Management, opening a new position worth an estimated $11.8M. The largest seller was Strategic Financial Concepts, cutting an estimated $1.27M.
- 34 institutional investors held Avantis Core Municipal Fixed Income ETF (AVMU) as of Q4 2023, up from 23 in Q3 2023.
- Funds reported $100M of Avantis Core Municipal Fixed Income ETF stock for Q4 2023, up 51% quarter-over-quarter.
- 14 funds opened new Avantis Core Municipal Fixed Income ETF positions in Q4 2023 and 3 closed out, a net change of +11 holders.
- The largest Avantis Core Municipal Fixed Income ETF buyer in Q4 2023 was Beaird Harris Wealth Management, an estimated $11.8M added.
- The largest Avantis Core Municipal Fixed Income ETF seller in Q4 2023 was Strategic Financial Concepts, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2023.