Fonville Wealth Management LLC Acquires New Shares in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Fonville Wealth Management LLC acquired a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 72,919 shares of the company’s stock, valued at approximately $5,947,000. Avantis U.S. Equity ETF accounts for approximately 3.2% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Fonville Wealth Management LLC owned 0.12% of Avantis U.S. Equity ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Nwam LLC increased its stake in Avantis U.S. Equity ETF by 1.9% in the 1st quarter. Nwam LLC now owns 7,801 shares of the company’s stock worth $553,000 after acquiring an additional 144 shares during the last quarter. Belpointe Asset Management LLC increased its stake in Avantis U.S. Equity ETF by 1.8% in the 3rd quarter. Belpointe Asset Management LLC now owns 8,629 shares of the company’s stock worth $632,000 after acquiring an additional 156 shares during the last quarter. Evanson Asset Management LLC increased its stake in Avantis U.S. Equity ETF by 2.2% in the 4th quarter. Evanson Asset Management LLC now owns 8,290 shares of the company’s stock worth $676,000 after acquiring an additional 177 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of Avantis U.S. Equity ETF by 4.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 4,626 shares of the company’s stock valued at $377,000 after purchasing an additional 196 shares during the last quarter. Finally, American Trust increased its position in shares of Avantis U.S. Equity ETF by 1.6% during the 4th quarter. American Trust now owns 13,174 shares of the company’s stock valued at $896,000 after purchasing an additional 211 shares during the last quarter.

Avantis U.S. Equity ETF Stock Down 0.2 %

Shares of Avantis U.S. Equity ETF stock traded down $0.15 during trading on Thursday, hitting $84.81. 218,272 shares of the stock traded hands, compared to its average volume of 273,137. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 17.12 and a beta of 1.05. The firm’s fifty day moving average is $86.79 and its 200-day moving average is $80.79. Avantis U.S. Equity ETF has a 52 week low of $68.68 and a 52 week high of $89.65.

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.