Avantis U.S. Equity ETF $AVUS is Bannerman Wealth Management Group LLC’s 9th Largest Position

Bannerman Wealth Management Group LLC decreased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,309 shares of the company’s stock after selling 4,856 shares during the quarter. Avantis U.S. Equity ETF accounts for 3.4% of Bannerman Wealth Management Group LLC’s portfolio, making the stock its 9th largest position. Bannerman Wealth Management Group LLC’s holdings in Avantis U.S. Equity ETF were worth $4,729,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AVUS. Great Point Wealth Advisors LLC purchased a new position in shares of Avantis U.S. Equity ETF during the third quarter valued at approximately $122,327,000. HB Wealth Management LLC increased its position in Avantis U.S. Equity ETF by 27.5% during the third quarter. HB Wealth Management LLC now owns 4,762,043 shares of the company’s stock valued at $517,634,000 after acquiring an additional 1,026,636 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in Avantis U.S. Equity ETF by 181.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock worth $123,293,000 after purchasing an additional 730,960 shares during the last quarter. CPC Advisors LLC purchased a new position in Avantis U.S. Equity ETF in the third quarter worth about $52,305,000. Finally, McLean Asset Management Corp grew its stake in shares of Avantis U.S. Equity ETF by 214.0% during the 3rd quarter. McLean Asset Management Corp now owns 478,285 shares of the company’s stock valued at $52,329,000 after purchasing an additional 325,942 shares during the period.

Avantis U.S. Equity ETF Stock Down 1.5%

NYSEARCA AVUS opened at $109.99 on Friday. The company has a 50-day moving average price of $115.15 and a 200-day moving average price of $111.72. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $118.27. The firm has a market capitalization of $10.52 billion, a P/E ratio of 20.35 and a beta of 1.02.

Avantis U.S. Equity ETF Company Profile

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.