Paladin Wealth LLC Grows Stock Position in Avantis U.S. Equity ETF $AVUS

Paladin Wealth LLC boosted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 41.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,234 shares of the company’s stock after acquiring an additional 5,661 shares during the period. Avantis U.S. Equity ETF accounts for about 1.4% of Paladin Wealth LLC’s investment portfolio, making the stock its 18th largest position. Paladin Wealth LLC’s holdings in Avantis U.S. Equity ETF were worth $2,463,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. CPC Advisors LLC increased its stake in shares of Avantis U.S. Equity ETF by 1.4% during the 4th quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock worth $54,550,000 after purchasing an additional 6,820 shares in the last quarter. Tandemgrowth Financial Advisors LLC purchased a new stake in Avantis U.S. Equity ETF in the 4th quarter valued at approximately $34,880,000. Riverchase Wealth Management LLC grew its holdings in Avantis U.S. Equity ETF by 16.9% during the 4th quarter. Riverchase Wealth Management LLC now owns 36,891 shares of the company’s stock valued at $4,124,000 after buying an additional 5,338 shares during the last quarter. Focus Partners Advisor Solutions LLC increased its position in Avantis U.S. Equity ETF by 50.2% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 306,043 shares of the company’s stock worth $34,210,000 after buying an additional 102,264 shares in the last quarter. Finally, Mattson Financial Services LLC increased its position in Avantis U.S. Equity ETF by 34.3% during the fourth quarter. Mattson Financial Services LLC now owns 46,968 shares of the company’s stock worth $5,250,000 after buying an additional 11,986 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.1%

NYSEARCA AVUS opened at $131.26 on Tuesday. Avantis U.S. Equity ETF has a fifty-two week low of $103.28 and a fifty-two week high of $132.19. The stock has a market cap of $14.41 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The business has a fifty day moving average of $127.52 and a 200-day moving average of $121.14.

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.