Lane Brothers & Co. Inc. Makes New Investment in Avantis U.S. Equity ETF $AVUS

Lane Brothers & Co. Inc. bought a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 46,174 shares of the company’s stock, valued at approximately $5,161,000. Avantis U.S. Equity ETF accounts for about 3.7% of Lane Brothers & Co. Inc.’s portfolio, making the stock its 8th largest holding.

Other large investors also recently modified their holdings of the company. Diversified Portfolios Inc. grew its holdings in Avantis U.S. Equity ETF by 1.6% during the fourth quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock valued at $659,000 after purchasing an additional 90 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Avantis U.S. Equity ETF by 4.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock valued at $243,000 after buying an additional 97 shares during the last quarter. RCS Financial Planning LLC grew its stake in shares of Avantis U.S. Equity ETF by 4.0% during the 4th quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock worth $300,000 after acquiring an additional 102 shares during the period. Physician Wealth Solutions Inc. boosted its position in Avantis U.S. Equity ETF by 0.3% during the fourth quarter. Physician Wealth Solutions Inc. now owns 36,970 shares of the company’s stock worth $4,132,000 after purchasing an additional 107 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC boosted its holdings in Avantis U.S. Equity ETF by 4.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 2,760 shares of the company’s stock worth $309,000 after buying an additional 114 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $127.64 on Friday. The stock has a fifty day moving average of $123.90 and a 200-day moving average of $117.33. Avantis U.S. Equity ETF has a fifty-two week low of $97.00 and a fifty-two week high of $128.86. The stock has a market cap of $12.75 billion, a PE ratio of 20.35 and a beta of 0.99.

About Avantis U.S. Equity ETF

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.