World Investment Advisors Raises Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

World Investment Advisors lifted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 273,077 shares of the company’s stock after purchasing an additional 16,092 shares during the period. Avantis U.S. Equity ETF accounts for about 0.7% of World Investment Advisors’ investment portfolio, making the stock its 26th biggest position. World Investment Advisors owned approximately 0.38% of Avantis U.S. Equity ETF worth $26,469,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. National Bank of Canada FI bought a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $27,000. Global Retirement Partners LLC increased its holdings in Avantis U.S. Equity ETF by 165.6% during the fourth quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock valued at $63,000 after buying an additional 404 shares during the period. Blue Trust Inc. raised its stake in Avantis U.S. Equity ETF by 128.5% in the fourth quarter. Blue Trust Inc. now owns 697 shares of the company’s stock worth $68,000 after buying an additional 392 shares in the last quarter. Life Planning Partners Inc raised its stake in Avantis U.S. Equity ETF by 9,594.1% in the fourth quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after buying an additional 944,060 shares in the last quarter. Finally, Global Wealth Strategies & Associates purchased a new stake in Avantis U.S. Equity ETF during the fourth quarter worth $97,000.

Avantis U.S. Equity ETF Trading Up 0.9 %

Shares of NYSEARCA:AVUS opened at $93.55 on Thursday. The company has a market capitalization of $7.72 billion, a PE ratio of 20.21 and a beta of 1.03. Avantis U.S. Equity ETF has a 12-month low of $84.26 and a 12-month high of $102.23. The business’s fifty day simple moving average is $97.11 and its 200-day simple moving average is $97.55.

Avantis U.S. Equity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid 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.