Heritage Wealth Management Inc. CA Purchases New Stake in Avantis U.S. Equity ETF $AVUS

Heritage Wealth Management Inc. CA acquired a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,933 shares of the company’s stock, valued at approximately $754,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Great Point Wealth Advisors LLC bought a new stake in shares of Avantis U.S. Equity ETF in the 3rd quarter worth approximately $122,327,000. Highland Financial Advisors LLC increased its position in Avantis U.S. Equity ETF by 3.7% in the third quarter. Highland Financial Advisors LLC now owns 306,873 shares of the company’s stock worth $33,357,000 after buying an additional 10,921 shares during the period. Bank of New York Mellon Corp increased its position in Avantis U.S. Equity ETF by 6.5% in the second quarter. Bank of New York Mellon Corp now owns 574,539 shares of the company’s stock worth $57,925,000 after buying an additional 35,161 shares during the period. Betterment LLC lifted its stake in Avantis U.S. Equity ETF by 8.5% in the second 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 last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of 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 valued at $350,255,000 after acquiring an additional 10,224 shares during the period.

Avantis U.S. Equity ETF Stock Up 2.1%

AVUS stock opened at $117.21 on Friday. The stock has a market cap of $11.21 billion, a PE ratio of 20.35 and a beta of 1.02. The firm’s 50-day simple moving average is $113.65 and its 200 day simple moving average is $109.50. Avantis U.S. Equity ETF has a fifty-two week low of $79.20 and a fifty-two week high of $117.42.

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.