Sax Wealth Advisors LLC Decreases Stock Holdings in Avantis U.S. Equity ETF $AVUS

Sax Wealth Advisors LLC reduced its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 10.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 124,394 shares of the company’s stock after selling 15,170 shares during the period. Avantis U.S. Equity ETF comprises approximately 0.7% of Sax Wealth Advisors LLC’s portfolio, making the stock its 27th biggest holding. Sax Wealth Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $13,522,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Bank of New York Mellon Corp lifted its stake in shares of Avantis U.S. Equity ETF by 6.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 574,539 shares of the company’s stock valued at $57,925,000 after purchasing an additional 35,161 shares during the last quarter. Betterment LLC raised its holdings in Avantis U.S. Equity ETF by 8.5% during the 2nd quarter. Betterment LLC now owns 60,610 shares of the company’s stock valued at $6,111,000 after buying an additional 4,735 shares during the period. KWB Wealth raised its holdings in Avantis U.S. Equity ETF by 4.0% during the 2nd quarter. KWB Wealth now owns 36,032 shares of the company’s stock valued at $3,329,000 after buying an additional 1,378 shares during the period. Burk Holdings LLC bought a new stake in Avantis U.S. Equity ETF in the second quarter worth $2,582,000. Finally, American Century Companies Inc. boosted its stake in Avantis U.S. Equity ETF by 0.3% during the second quarter. American Century Companies Inc. now owns 3,474,063 shares of the company’s stock worth $350,255,000 after buying an additional 10,224 shares during the period.

Avantis U.S. Equity ETF Stock Down 0.2%

AVUS stock opened at $112.70 on Wednesday. Avantis U.S. Equity ETF has a twelve month low of $79.20 and a twelve month high of $113.46. The stock has a market capitalization of $10.27 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The firm’s fifty day simple moving average is $110.68 and its two-hundred day simple moving average is $106.84.

Avantis U.S. Equity ETF Company 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.