Avantis U.S. Equity ETF $AVUS Shares Bought by Mattern Wealth Management LLC

Mattern Wealth Management LLC boosted its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 24.1% in the second quarter, HoldingsChannel.com reports. The fund owned 348,017 shares of the company’s stock after purchasing an additional 67,620 shares during the period. Avantis U.S. Equity ETF makes up about 7.3% of Mattern Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. Mattern Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $35,087,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. HB Wealth Management LLC raised its position in shares of Avantis U.S. Equity ETF by 218.1% in the second quarter. HB Wealth Management LLC now owns 3,735,407 shares of the company’s stock valued at $376,603,000 after buying an additional 2,561,165 shares during the last quarter. American Century Companies Inc. raised its position in shares of Avantis U.S. Equity ETF by 7.2% in the first quarter. American Century Companies Inc. now owns 3,463,839 shares of the company’s stock valued at $319,989,000 after buying an additional 234,099 shares during the last quarter. Oak Root LLC raised its position in shares of Avantis U.S. Equity ETF by 0.4% in the first quarter. Oak Root LLC now owns 3,049,727 shares of the company’s stock valued at $281,734,000 after buying an additional 13,125 shares during the last quarter. Annex Advisory Services LLC raised its position in shares of Avantis U.S. Equity ETF by 11.5% in the second quarter. Annex Advisory Services LLC now owns 2,585,372 shares of the company’s stock valued at $260,657,000 after buying an additional 266,285 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Avantis U.S. Equity ETF by 51.1% in the first quarter. LPL Financial LLC now owns 2,149,684 shares of the company’s stock valued at $198,588,000 after buying an additional 727,153 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 0.1%

Shares of NYSEARCA AVUS opened at $108.49 on Tuesday. The firm has a 50-day simple moving average of $105.67 and a 200-day simple moving average of $98.60. The stock has a market capitalization of $9.53 billion, a price-to-earnings ratio of 20.35 and a beta of 1.05. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $109.30.

Avantis U.S. Equity ETF 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.