Heirloom Wealth Management Purchases New Position in Avantis U.S. Equity ETF $AVUS

Heirloom Wealth Management acquired a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 72,753 shares of the company’s stock, valued at approximately $7,908,000. Avantis U.S. Equity ETF comprises about 1.9% of Heirloom Wealth Management’s investment portfolio, making the stock its 19th biggest position.

A number of other institutional investors also recently made changes to their positions in AVUS. Smartleaf Asset Management LLC increased its stake in shares of Avantis U.S. Equity ETF by 4.2% during the second quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after purchasing an additional 97 shares during the period. Vicus Capital boosted its stake in Avantis U.S. Equity ETF by 0.4% in the 3rd quarter. Vicus Capital now owns 28,868 shares of the company’s stock valued at $3,138,000 after purchasing an additional 101 shares during the period. Waterfront Wealth Inc. grew its holdings in Avantis U.S. Equity ETF by 0.7% in the 2nd quarter. Waterfront Wealth Inc. now owns 15,112 shares of the company’s stock valued at $1,524,000 after buying an additional 105 shares in the last quarter. Avestar Capital LLC grew its holdings in Avantis U.S. Equity ETF by 2.2% in the 2nd quarter. Avestar Capital LLC now owns 5,656 shares of the company’s stock valued at $570,000 after buying an additional 121 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its position in Avantis U.S. Equity ETF by 3.3% during the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 4,367 shares of the company’s stock worth $475,000 after buying an additional 138 shares during the period.

Avantis U.S. Equity ETF Stock Performance

AVUS opened at $115.87 on Tuesday. The stock has a fifty day moving average of $114.65 and a 200-day moving average of $110.63. Avantis U.S. Equity ETF has a fifty-two week low of $79.20 and a fifty-two week high of $118.27. The company has a market capitalization of $11.08 billion, a P/E ratio of 20.35 and a beta of 1.02.

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.