Prevail Innovative Wealth Advisors LLC Grows Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Prevail Innovative Wealth Advisors LLC boosted its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 26.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,064 shares of the company’s stock after acquiring an additional 3,532 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $1,654,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Strategic Financial Concepts LLC raised its stake in Avantis U.S. Equity ETF by 11,619.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after acquiring an additional 19,784,005 shares in the last quarter. Life Planning Partners Inc increased its position in shares of 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 in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $52,872,000. Ridgeline Wealth LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $26,663,000. Finally, Bridgewater Advisors Inc. grew its stake in Avantis U.S. Equity ETF by 62.4% during the 4th quarter. Bridgewater Advisors Inc. now owns 512,944 shares of the company’s stock worth $49,853,000 after buying an additional 197,030 shares during the last quarter.

Avantis U.S. Equity ETF Trading Down 2.0 %

AVUS stock opened at $91.87 on Friday. Avantis U.S. Equity ETF has a twelve month low of $84.26 and a twelve month high of $102.23. The company has a market capitalization of $7.55 billion, a P/E ratio of 20.02 and a beta of 1.06. The business has a 50 day simple moving average of $97.57 and a 200-day simple moving average of $97.53.

Avantis U.S. Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.2962 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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.