Sage Rhino Capital LLC Makes New $8.47 Million Investment in Avantis U.S. Equity ETF $AVUS

Sage Rhino Capital LLC purchased a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 66,165 shares of the company’s stock, valued at approximately $8,475,000. Avantis U.S. Equity ETF comprises 1.4% of Sage Rhino Capital LLC’s investment portfolio, making the stock its 22nd biggest position. Sage Rhino Capital LLC owned 0.06% of Avantis U.S. Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. VestGen Advisors LLC raised its holdings in shares of Avantis U.S. Equity ETF by 6.3% during the third quarter. VestGen Advisors LLC now owns 82,436 shares of the company’s stock valued at $10,559,000 after purchasing an additional 4,887 shares during the last quarter. Heritage Wealth Management Inc. CA lifted its position in Avantis U.S. Equity ETF by 7.7% during the third quarter. Heritage Wealth Management Inc. CA now owns 10,484 shares of the company’s stock valued at $1,343,000 after purchasing an additional 753 shares during the period. Balance Wealth Partners LLC bought a new position in Avantis U.S. Equity ETF during the third quarter valued at approximately $58,000. Verdence Capital Advisors LLC bought a new position in Avantis U.S. Equity ETF during the third quarter valued at approximately $354,000. Finally, National Wealth Management Group LLC boosted its holdings in Avantis U.S. Equity ETF by 2,709.1% in the third quarter. National Wealth Management Group LLC now owns 67,559 shares of the company’s stock worth $8,654,000 after purchasing an additional 65,154 shares during the last quarter.

Avantis U.S. Equity ETF Trading Up 0.1%

Shares of AVUS stock opened at $129.92 on Friday. Avantis U.S. Equity ETF has a 12-month low of $105.72 and a 12-month high of $132.81. The stock has a market capitalization of $14.91 billion, a P/E ratio of 20.35 and a beta of 1.00. The firm’s 50 day moving average is $129.63 and its 200 day moving average is $123.42.

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.