Avantis U.S. Equity ETF $AVUS Stock Position Boosted by McLean Asset Management Corp

McLean Asset Management Corp increased its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 41.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 677,180 shares of the company’s stock after acquiring an additional 198,895 shares during the quarter. Avantis U.S. Equity ETF makes up about 13.9% of McLean Asset Management Corp’s holdings, making the stock its biggest position. McLean Asset Management Corp owned 0.72% of Avantis U.S. Equity ETF worth $77,598,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Great Point Wealth Advisors LLC purchased a new position in Avantis U.S. Equity ETF during the 3rd quarter worth $122,327,000. HB Wealth Management LLC increased 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 purchasing an additional 1,026,636 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of Avantis U.S. Equity ETF by 181.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock valued at $123,293,000 after buying an additional 730,960 shares during the last quarter. CPC Advisors LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at about $52,305,000. Finally, Savant Capital LLC boosted its stake in shares of Avantis U.S. Equity ETF by 1,225.4% during the third quarter. Savant Capital LLC now owns 237,465 shares of the company’s stock worth $25,812,000 after buying an additional 219,549 shares during the period.

Avantis U.S. Equity ETF Stock Up 0.7%

NYSEARCA AVUS opened at $111.91 on Thursday. Avantis U.S. Equity ETF has a 52-week low of $79.20 and a 52-week high of $118.27. The business’s 50-day moving average price is $114.52 and its 200 day moving average price is $111.98. The firm has a market cap of $10.70 billion, a P/E ratio of 20.35 and a beta of 1.02.

Avantis U.S. Equity ETF Company 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.