Zhang Financial LLC Increases Stock Position in Avantis U.S. Equity ETF $AVUS

Zhang Financial LLC grew its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 38.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 212,973 shares of the company’s stock after buying an additional 59,260 shares during the period. Avantis U.S. Equity ETF accounts for approximately 0.9% of Zhang Financial LLC’s holdings, making the stock its 25th biggest holding. Zhang Financial LLC’s holdings in Avantis U.S. Equity ETF were worth $23,806,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in AVUS. Financial Plan Inc. purchased a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter valued at $149,298,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Avantis U.S. Equity ETF by 145.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock valued at $195,709,000 after buying an additional 1,036,918 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Avantis U.S. Equity ETF by 181.2% during the 3rd 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 period. HB Wealth Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 10.2% during the 4th quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock valued at $586,714,000 after buying an additional 486,787 shares during the period. Finally, Indivisible Partners purchased a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter valued at $38,867,000.

Avantis U.S. Equity ETF Stock Up 0.3%

Shares of NYSEARCA AVUS opened at $127.39 on Friday. Avantis U.S. Equity ETF has a 52-week low of $95.39 and a 52-week high of $127.59. The firm has a fifty day moving average of $118.98 and a 200-day moving average of $115.40. The stock has a market capitalization of $12.73 billion, a PE ratio of 20.35 and a beta of 0.99.

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.