3,607 Shares in Avantis U.S. Equity ETF (NYSEARCA:AVUS) Acquired by AssuredPartners Investment Advisors LLC

AssuredPartners Investment Advisors LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, Holdings Channel.com reports. The firm purchased 3,607 shares of the company’s stock, valued at approximately $350,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its holdings in Avantis U.S. Equity ETF by 11,619.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after purchasing an additional 19,784,005 shares during the last quarter. Life Planning Partners Inc grew its stake in Avantis U.S. Equity ETF by 9,594.1% during the 4th quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock valued at $92,000 after purchasing an additional 944,060 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Avantis U.S. Equity ETF in the fourth quarter valued at about $52,872,000. Ridgeline Wealth LLC purchased a new position in shares of Avantis U.S. Equity ETF in the fourth quarter worth about $26,663,000. Finally, Bridgewater Advisors Inc. lifted its holdings in shares of 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 period.

Avantis U.S. Equity ETF Stock Down 2.0 %

Shares of NYSEARCA AVUS opened at $91.87 on Friday. Avantis U.S. Equity ETF has a 52 week low of $84.26 and a 52 week high of $102.23. The firm has a market cap of $7.55 billion, a P/E ratio of 20.02 and a beta of 1.06. The business’s 50 day moving average price is $97.57 and its 200 day moving average price is $97.48.

Avantis U.S. Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.2962 dividend. The ex-dividend date was Tuesday, March 25th.

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.