Ausdal Financial Partners Inc. Purchases 21,523 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Ausdal Financial Partners Inc. raised its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 27.5% in the fourth quarter, HoldingsChannel reports. The firm owned 99,711 shares of the company’s stock after buying an additional 21,523 shares during the quarter. Avantis U.S. Equity ETF makes up 0.8% of Ausdal Financial Partners Inc.’s investment portfolio, making the stock its 21st largest position. Ausdal Financial Partners Inc.’s holdings in Avantis U.S. Equity ETF were worth $9,665,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in AVUS. Strategic Financial Concepts LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 11,619.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after buying an additional 19,784,005 shares during the last quarter. Life Planning Partners Inc raised its position in Avantis U.S. Equity ETF by 9,594.1% in the fourth quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after acquiring an additional 944,060 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth $52,872,000. Ridgeline Wealth LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter valued at $26,663,000. Finally, Bridgewater Advisors Inc. increased its stake in shares of Avantis U.S. Equity ETF by 62.4% in the 4th quarter. Bridgewater Advisors Inc. now owns 512,944 shares of the company’s stock worth $49,853,000 after purchasing an additional 197,030 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock opened at $95.10 on Wednesday. The stock’s fifty day moving average is $97.93 and its 200 day moving average is $97.52. Avantis U.S. Equity ETF has a one year low of $84.26 and a one year high of $102.23. The stock has a market cap of $7.82 billion, a P/E ratio of 20.02 and a beta of 1.06.

Avantis U.S. Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.2962 per share. The ex-dividend date is Tuesday, March 25th.

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.