Heirloom Wealth Management Takes Position in Avantis U.S. Equity ETF $AVUS

Heirloom Wealth Management acquired a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 72,753 shares of the company’s stock, valued at approximately $7,908,000. Avantis U.S. Equity ETF accounts for about 1.9% of Heirloom Wealth Management’s investment portfolio, making the stock its 19th largest holding. Heirloom Wealth Management owned approximately 0.08% of Avantis U.S. Equity ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AVUS. EverSource Wealth Advisors LLC boosted its holdings in Avantis U.S. Equity ETF by 138.7% during the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after buying an additional 208 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Avantis U.S. Equity ETF by 151.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock valued at $43,000 after acquiring an additional 237 shares during the last quarter. Promus Capital LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 2nd quarter valued at approximately $48,000. Trust Co. of Vermont bought a new position in Avantis U.S. Equity ETF during the 3rd quarter worth approximately $51,000. Finally, Assetmark Inc. boosted its stake in Avantis U.S. Equity ETF by 116.0% during the 3rd quarter. Assetmark Inc. now owns 579 shares of the company’s stock worth $63,000 after acquiring an additional 311 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $115.87 on Tuesday. Avantis U.S. Equity ETF has a 52-week low of $79.20 and a 52-week high of $118.27. The stock has a market cap of $11.08 billion, a P/E ratio of 20.35 and a beta of 1.02. The firm has a 50 day moving average price of $114.65 and a 200 day moving average price of $110.63.

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.