Bank of New York Mellon Corp Grows Stake in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

Bank of New York Mellon Corp boosted its stake in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 12.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,792 shares of the company’s stock after buying an additional 644 shares during the period. Bank of New York Mellon Corp’s holdings in Avantis U.S. Small Cap Value ETF were worth $559,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA lifted its position in Avantis U.S. Small Cap Value ETF by 3.1% during the 3rd quarter. Private Trust Co. NA now owns 5,292 shares of the company’s stock worth $508,000 after acquiring an additional 160 shares during the period. First PREMIER Bank grew its position in shares of Avantis U.S. Small Cap Value ETF by 11.9% during the 4th quarter. First PREMIER Bank now owns 2,083 shares of the company’s stock valued at $201,000 after acquiring an additional 221 shares during the period. Diversified Portfolios Inc. increased its position in shares of Avantis U.S. Small Cap Value ETF by 0.9% in the fourth quarter. Diversified Portfolios Inc. now owns 47,893 shares of the company’s stock valued at $4,623,000 after buying an additional 442 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in Avantis U.S. Small Cap Value ETF by 8.5% during the third quarter. Integrated Wealth Concepts LLC now owns 7,909 shares of the company’s stock worth $759,000 after acquiring an additional 619 shares during the period. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in Avantis U.S. Small Cap Value ETF in the 4th quarter valued at about $61,000.

Avantis U.S. Small Cap Value ETF Price Performance

Shares of NYSEARCA:AVUV opened at $88.93 on Friday. Avantis U.S. Small Cap Value ETF has a 1 year low of $84.37 and a 1 year high of $107.64. The business’s 50 day moving average price is $93.83 and its 200-day moving average price is $96.63. The firm has a market capitalization of $14.83 billion, a PE ratio of 11.17 and a beta of 1.28.

Avantis U.S. Small Cap Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.3389 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

About Avantis U.S. Small Cap Value ETF

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.