Fonville Wealth Management LLC Has $8.43 Million Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Fonville Wealth Management LLC grew its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 8.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 88,543 shares of the company’s stock after purchasing an additional 7,092 shares during the period. Avantis U.S. Equity ETF makes up about 2.9% of Fonville Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Fonville Wealth Management LLC owned about 0.12% of Avantis U.S. Equity ETF worth $8,425,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Strategic Financial Concepts LLC raised its stake in Avantis U.S. Equity ETF by 11,264.4% during the second quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock worth $1,291,183,000 after acquiring an additional 14,190,276 shares in the last quarter. Annex Advisory Services LLC increased its position in Avantis U.S. Equity ETF by 25.0% during the 3rd quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock worth $322,933,000 after purchasing an additional 679,655 shares in the last quarter. Simplicity Wealth LLC lifted its stake in Avantis U.S. Equity ETF by 837.3% in the 3rd quarter. Simplicity Wealth LLC now owns 629,361 shares of the company’s stock valued at $59,884,000 after purchasing an additional 562,213 shares during the last quarter. McGlone Suttner Wealth Management Inc. boosted its position in Avantis U.S. Equity ETF by 2,221.3% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 345,642 shares of the company’s stock valued at $32,888,000 after buying an additional 330,752 shares in the last quarter. Finally, Smith Anglin Financial LLC grew its stake in shares of Avantis U.S. Equity ETF by 45.6% during the third quarter. Smith Anglin Financial LLC now owns 846,295 shares of the company’s stock worth $80,525,000 after buying an additional 265,209 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS traded up $0.85 during trading hours on Friday, reaching $95.42. The stock had a trading volume of 48,336 shares, compared to its average volume of 250,611. Avantis U.S. Equity ETF has a 12 month low of $72.14 and a 12 month high of $97.51. The stock has a market capitalization of $6.88 billion, a PE ratio of 17.22 and a beta of 1.00. The company’s 50-day moving average is $94.33 and its two-hundred day moving average is $91.18.

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.