Avantis U.S. Equity ETF $AVUS Shares Acquired by Lakeridge Wealth Management LLC

Lakeridge Wealth Management LLC raised its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 80,910 shares of the company’s stock after purchasing an additional 1,278 shares during the period. Avantis U.S. Equity ETF accounts for approximately 3.8% of Lakeridge Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Lakeridge Wealth Management LLC owned approximately 0.09% of Avantis U.S. Equity ETF worth $8,157,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. HB Wealth Management LLC increased its stake in shares of Avantis U.S. Equity ETF by 218.1% in the second quarter. HB Wealth Management LLC now owns 3,735,407 shares of the company’s stock valued at $376,603,000 after buying an additional 2,561,165 shares during the period. American Century Companies Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 7.2% in the first quarter. American Century Companies Inc. now owns 3,463,839 shares of the company’s stock worth $319,989,000 after acquiring an additional 234,099 shares during the period. Annex Advisory Services LLC boosted its holdings in Avantis U.S. Equity ETF by 11.5% in the second quarter. Annex Advisory Services LLC now owns 2,585,372 shares of the company’s stock valued at $260,657,000 after acquiring an additional 266,285 shares during the last quarter. LPL Financial LLC increased its position in Avantis U.S. Equity ETF by 51.1% during the 1st quarter. LPL Financial LLC now owns 2,149,684 shares of the company’s stock valued at $198,588,000 after purchasing an additional 727,153 shares during the period. Finally, Maseco LLP bought a new position in Avantis U.S. Equity ETF during the 2nd quarter worth approximately $211,002,000.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $110.53 on Tuesday. The company’s 50 day moving average price is $108.55 and its 200-day moving average price is $102.87. Avantis U.S. Equity ETF has a 52-week low of $79.20 and a 52-week high of $111.62. The company has a market capitalization of $10.07 billion, a P/E ratio of 20.35 and a beta of 1.02.

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.