FMB Wealth Management Increases Stock Holdings in Avantis Responsible U.S. Equity ETF $AVSU

FMB Wealth Management grew its stake in Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) by 80.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,118 shares of the company’s stock after purchasing an additional 4,955 shares during the quarter. FMB Wealth Management owned about 0.20% of Avantis Responsible U.S. Equity ETF worth $763,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Asset Dedication LLC raised its holdings in Avantis Responsible U.S. Equity ETF by 102.1% in the 1st quarter. Asset Dedication LLC now owns 776 shares of the company’s stock worth $48,000 after purchasing an additional 392 shares in the last quarter. Elevation Wealth Partners LLC bought a new position in Avantis Responsible U.S. Equity ETF in the 1st quarter worth $61,000. Grand Wealth Management LLC raised its holdings in Avantis Responsible U.S. Equity ETF by 74.0% in the 1st quarter. Grand Wealth Management LLC now owns 1,625 shares of the company’s stock worth $101,000 after purchasing an additional 691 shares in the last quarter. Red Lighthouse Investment Management LLC raised its holdings in Avantis Responsible U.S. Equity ETF by 12.8% in the 1st quarter. Red Lighthouse Investment Management LLC now owns 2,331 shares of the company’s stock worth $143,000 after purchasing an additional 264 shares in the last quarter. Finally, Werba Rubin Papier Wealth Management raised its holdings in Avantis Responsible U.S. Equity ETF by 24.9% in the 1st quarter. Werba Rubin Papier Wealth Management now owns 3,934 shares of the company’s stock worth $245,000 after purchasing an additional 784 shares in the last quarter.

Avantis Responsible U.S. Equity ETF Trading Up 0.2%

Shares of Avantis Responsible U.S. Equity ETF stock opened at $73.38 on Tuesday. The firm has a market capitalization of $416.06 million, a P/E ratio of 20.35 and a beta of 1.08. The business has a fifty day simple moving average of $71.70 and a two-hundred day simple moving average of $66.89. Avantis Responsible U.S. Equity ETF has a 12 month low of $54.53 and a 12 month high of $74.18.

Avantis Responsible U.S. Equity ETF Profile

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.