Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 12.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 477,594 shares of the company’s stock after buying an additional 53,763 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.66% of Avantis U.S. Equity ETF worth $46,293,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in AVUS. Strategic Financial Concepts LLC grew its position in shares of Avantis U.S. Equity ETF by 11,619.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after buying an additional 19,784,005 shares in the last quarter. Life Planning Partners Inc lifted its stake in Avantis U.S. Equity ETF by 9,594.1% during the fourth quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after purchasing an additional 944,060 shares during the last quarter. Ridgeline Wealth LLC purchased a new stake in Avantis U.S. Equity ETF during the fourth quarter worth approximately $26,663,000. Bridgewater Advisors Inc. lifted its stake in Avantis U.S. Equity ETF by 62.4% during the fourth quarter. Bridgewater Advisors Inc. now owns 512,944 shares of the company’s stock worth $49,853,000 after purchasing an additional 197,030 shares during the last quarter. Finally, Tanager Wealth Management LLP lifted its stake in Avantis U.S. Equity ETF by 76.4% during the fourth quarter. Tanager Wealth Management LLP now owns 416,248 shares of the company’s stock worth $40,347,000 after purchasing an additional 180,271 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 1.0 %

AVUS stock opened at $95.93 on Thursday. The business has a 50 day moving average price of $99.10 and a 200 day moving average price of $97.41. The stock has a market cap of $7.84 billion, a price-to-earnings ratio of 21.19 and a beta of 1.06. Avantis U.S. Equity ETF has a fifty-two week low of $84.26 and a fifty-two week high of $102.23.

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.