TIAA Trust National Association Invests $608,000 in Avantis U.S. Equity ETF $AVUS

TIAA Trust National Association bought a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,594 shares of the company’s stock, valued at approximately $608,000.

A number of other institutional investors have also added to or reduced their stakes in the company. HB Wealth Management LLC grew its stake in Avantis U.S. Equity ETF by 27.5% in the third quarter. HB Wealth Management LLC now owns 4,762,043 shares of the company’s stock valued at $517,634,000 after acquiring an additional 1,026,636 shares during the period. American Century Companies Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 0.3% in the second quarter. American Century Companies Inc. now owns 3,474,063 shares of the company’s stock valued at $350,255,000 after buying an additional 10,224 shares in the last quarter. Annex Advisory Services LLC grew its holdings in shares of Avantis U.S. Equity ETF by 1.3% during the third quarter. Annex Advisory Services LLC now owns 2,619,704 shares of the company’s stock valued at $284,762,000 after buying an additional 34,332 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Avantis U.S. Equity ETF by 1.3% during the third quarter. HighTower Advisors LLC now owns 1,659,090 shares of the company’s stock worth $180,347,000 after acquiring an additional 21,152 shares in the last quarter. Finally, Traphagen Investment Advisors LLC raised its holdings in shares of Avantis U.S. Equity ETF by 1.5% in the 3rd quarter. Traphagen Investment Advisors LLC now owns 1,233,425 shares of the company’s stock worth $134,073,000 after acquiring an additional 18,287 shares during the last quarter.

Avantis U.S. Equity ETF Stock Down 0.6%

Shares of Avantis U.S. Equity ETF stock opened at $116.48 on Monday. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $118.27. The business has a 50 day moving average price of $115.13 and a 200-day moving average price of $110.98. The company has a market cap of $11.14 billion, a PE ratio of 20.35 and a beta of 1.02.

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.