Tiller Private Wealth Inc. Invests $7.16 Million in Avantis U.S. Mid Cap Equity ETF $AVMC

Tiller Private Wealth Inc. bought a new position in Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) during the fourth quarter, Holdings Channel reports. The firm bought 101,374 shares of the company’s stock, valued at approximately $7,161,000. Avantis U.S. Mid Cap Equity ETF makes up approximately 2.5% of Tiller Private Wealth Inc.’s investment portfolio, making the stock its 12th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AVMC. Quad Cities Investment Group LLC grew its holdings in Avantis U.S. Mid Cap Equity ETF by 40.5% during the 4th quarter. Quad Cities Investment Group LLC now owns 18,856 shares of the company’s stock valued at $1,332,000 after buying an additional 5,431 shares in the last quarter. Team Financial Group LLC raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 89.3% during the 4th quarter. Team Financial Group LLC now owns 1,257 shares of the company’s stock worth $89,000 after acquiring an additional 593 shares in the last quarter. Wealth Management Partners LLC raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 1,925.2% during the 4th quarter. Wealth Management Partners LLC now owns 202,578 shares of the company’s stock worth $14,310,000 after acquiring an additional 192,575 shares in the last quarter. Palo Alto Wealth Advisors LLC boosted its position in shares of Avantis U.S. Mid Cap Equity ETF by 29.1% during the 3rd quarter. Palo Alto Wealth Advisors LLC now owns 68,650 shares of the company’s stock valued at $4,788,000 after acquiring an additional 15,480 shares during the last quarter. Finally, Accredited Wealth Management LLC boosted its position in shares of Avantis U.S. Mid Cap Equity ETF by 945.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $100,000 after acquiring an additional 1,295 shares during the last quarter. 0.13% of the stock is owned by institutional investors.

Avantis U.S. Mid Cap Equity ETF Price Performance

AVMC stock opened at $71.07 on Friday. The firm has a fifty day moving average price of $74.18 and a 200 day moving average price of $71.59. Avantis U.S. Mid Cap Equity ETF has a fifty-two week low of $53.29 and a fifty-two week high of $76.88.

Avantis U.S. Mid Cap Equity ETF Company Profile

The Avantis U.S. Mid Cap Equity ETF (AVMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund seeks long-term capital appreciation through an actively managed portfolio of US mid-cap companies selected based on fundamental criteria. AVMC was launched on Nov 7, 2023 and is issued by American Century Investments.