Sentinel Wealth Management Inc. Has $4.44 Million Stock Holdings in Avantis Real Estate ETF $AVRE

Sentinel Wealth Management Inc. increased its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 64.2% during the 3rd quarter, Holdings Channel reports. The fund owned 99,893 shares of the company’s stock after acquiring an additional 39,057 shares during the period. Avantis Real Estate ETF comprises approximately 3.9% of Sentinel Wealth Management Inc.’s investment portfolio, making the stock its 10th largest position. Sentinel Wealth Management Inc.’s holdings in Avantis Real Estate ETF were worth $4,443,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AVRE. Sequoia Financial Advisors LLC raised its holdings in shares of Avantis Real Estate ETF by 90.8% during the third quarter. Sequoia Financial Advisors LLC now owns 237,754 shares of the company’s stock valued at $10,575,000 after purchasing an additional 113,170 shares during the period. Burk Holdings LLC acquired a new position in Avantis Real Estate ETF during the second quarter worth $2,752,000. Austin Wealth Management LLC grew its holdings in Avantis Real Estate ETF by 64.0% during the second quarter. Austin Wealth Management LLC now owns 121,431 shares of the company’s stock worth $5,286,000 after buying an additional 47,375 shares in the last quarter. BLVD Private Wealth LLC bought a new position in Avantis Real Estate ETF during the 2nd quarter valued at $1,725,000. Finally, Allegiance Financial Group Advisory Services LLC boosted its holdings in Avantis Real Estate ETF by 14.0% during the 3rd quarter. Allegiance Financial Group Advisory Services LLC now owns 284,787 shares of the company’s stock worth $12,667,000 after acquiring an additional 35,040 shares during the last quarter.

Avantis Real Estate ETF Stock Down 0.1%

Avantis Real Estate ETF stock opened at $47.15 on Thursday. The stock has a market cap of $735.54 million, a P/E ratio of 28.60 and a beta of 0.93. The company’s 50 day moving average price is $44.88 and its two-hundred day moving average price is $44.51. Avantis Real Estate ETF has a 52 week low of $37.71 and a 52 week high of $47.63.

Avantis Real Estate ETF Company Profile

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.