Trellis Wealth Advisors LLC Lowers Stock Holdings in Avantis Responsible U.S. Equity ETF $AVSU

Trellis Wealth Advisors LLC reduced its stake in Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) by 0.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 33,411 shares of the company’s stock after selling 164 shares during the quarter. Avantis Responsible U.S. Equity ETF accounts for 1.0% of Trellis Wealth Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Trellis Wealth Advisors LLC owned about 0.59% of Avantis Responsible U.S. Equity ETF worth $2,292,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Asset Dedication LLC grew its stake in shares of Avantis Responsible U.S. Equity ETF by 102.1% in the 1st quarter. Asset Dedication LLC now owns 776 shares of the company’s stock valued at $48,000 after purchasing an additional 392 shares during the last quarter. Grand Wealth Management LLC lifted its holdings in shares of Avantis Responsible U.S. Equity ETF by 74.0% in the 1st quarter. Grand Wealth Management LLC now owns 1,625 shares of the company’s stock valued at $101,000 after buying an additional 691 shares during the period. Red Lighthouse Investment Management LLC lifted its holdings in shares of Avantis Responsible U.S. Equity ETF by 12.8% in the 1st quarter. Red Lighthouse Investment Management LLC now owns 2,331 shares of the company’s stock valued at $143,000 after buying an additional 264 shares during the period. Werba Rubin Papier Wealth Management lifted its holdings in shares of Avantis Responsible U.S. Equity ETF by 24.9% in the 1st quarter. Werba Rubin Papier Wealth Management now owns 3,934 shares of the company’s stock valued at $245,000 after buying an additional 784 shares during the period. Finally, Tortoise Investment Management LLC lifted its holdings in shares of Avantis Responsible U.S. Equity ETF by 12.5% in the 1st quarter. Tortoise Investment Management LLC now owns 5,320 shares of the company’s stock valued at $332,000 after buying an additional 590 shares during the period.

Avantis Responsible U.S. Equity ETF Price Performance

AVSU opened at $74.02 on Friday. The business has a 50 day simple moving average of $71.98 and a 200-day simple moving average of $67.14. The stock has a market capitalization of $436.72 million, a P/E ratio of 20.35 and a beta of 1.08. Avantis Responsible U.S. Equity ETF has a 12 month low of $54.53 and a 12 month high of $74.48.

About Avantis Responsible U.S. Equity ETF

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.