Avantis U.S. Equity ETF $AVUS Stock Position Increased by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. lifted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 8.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 762,310 shares of the company’s stock after purchasing an additional 61,598 shares during the period. Avantis U.S. Equity ETF comprises approximately 5.2% of Bridgewater Advisors Inc.’s holdings, making the stock its 4th biggest holding. Bridgewater Advisors Inc. owned 0.76% of Avantis U.S. Equity ETF worth $84,754,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Tranquility Partners LLC grew its holdings in Avantis U.S. Equity ETF by 1.9% during the 1st quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock valued at $523,000 after buying an additional 89 shares during the last quarter. Diversified Portfolios Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 1.6% in the fourth quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock worth $659,000 after acquiring an additional 90 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Avantis U.S. Equity ETF by 4.2% in the second quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after acquiring an additional 97 shares during the last quarter. RCS Financial Planning LLC lifted its position in shares of Avantis U.S. Equity ETF by 4.0% in the fourth quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock valued at $300,000 after acquiring an additional 102 shares in the last quarter. Finally, Avant Financial Advisors LLC lifted its position in shares of Avantis U.S. Equity ETF by 0.8% in the first quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock valued at $1,504,000 after acquiring an additional 106 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.1%

AVUS opened at $126.91 on Friday. The firm has a market cap of $13.82 billion, a P/E ratio of 20.35 and a beta of 0.99. The business’s fifty day simple moving average is $126.89 and its 200 day simple moving average is $119.99. Avantis U.S. Equity ETF has a 52 week low of $100.82 and a 52 week high of $128.86.

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.