Wealth Management Partners LLC Acquires New Shares in Avantis U.S. Equity ETF $AVUS

Wealth Management Partners LLC acquired a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,663 shares of the company’s stock, valued at approximately $1,750,000.

A number of other large investors have also added to or reduced their stakes in the business. Allodium Investment Consultants LLC boosted its position in Avantis U.S. Equity ETF by 5.1% during the 3rd quarter. Allodium Investment Consultants LLC now owns 1,650 shares of the company’s stock worth $211,000 after buying an additional 80 shares during the period. NewEdge Advisors LLC increased its position in Avantis U.S. Equity ETF by 0.3% in the 2nd quarter. NewEdge Advisors LLC now owns 25,333 shares of the company’s stock valued at $3,245,000 after acquiring an additional 81 shares during the period. Tranquility Partners LLC increased its position in Avantis U.S. Equity ETF by 1.9% in the 1st quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock valued at $523,000 after acquiring an additional 89 shares during the period. FAS Wealth Partners Inc. increased its position in Avantis U.S. Equity ETF by 1.3% in the 1st quarter. FAS Wealth Partners Inc. now owns 7,604 shares of the company’s stock valued at $845,000 after acquiring an additional 95 shares during the period. Finally, Avant Financial Advisors LLC increased its position in Avantis U.S. Equity ETF by 0.8% in the 1st quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock valued at $1,504,000 after acquiring an additional 106 shares during the period.

Avantis U.S. Equity ETF Stock Performance

AVUS stock opened at $130.06 on Thursday. The company has a fifty day moving average price of $129.93 and a 200-day moving average price of $126.82. The company has a market capitalization of $14.81 billion, a P/E ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a 52-week low of $105.72 and a 52-week high of $132.81.

Avantis U.S. Equity ETF 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.