Bull Oak Capital LLC Cuts Stake in Avantis U.S. Equity ETF $AVUS

Bull Oak Capital LLC lessened its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 54.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 113,462 shares of the company’s stock after selling 137,092 shares during the period. Avantis U.S. Equity ETF accounts for 5.2% of Bull Oak Capital LLC’s investment portfolio, making the stock its 6th biggest position. Bull Oak Capital LLC owned approximately 0.13% of Avantis U.S. Equity ETF worth $11,439,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in AVUS. Assetmark Inc. bought a new stake in Avantis U.S. Equity ETF in the 1st quarter worth $25,000. Iron Horse Wealth Management LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 1st quarter valued at about $27,000. Harbor Asset Planning Inc. bought a new stake in shares of Avantis U.S. Equity ETF during the 2nd quarter valued at about $29,000. Mattson Financial Services LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 1st quarter valued at about $107,000. Finally, AE Wealth Management LLC boosted its stake in shares of Avantis U.S. Equity ETF by 9.8% during the 1st quarter. AE Wealth Management LLC now owns 1,643 shares of the company’s stock valued at $152,000 after purchasing an additional 146 shares in the last quarter.

Avantis U.S. Equity ETF Trading Down 0.1%

Shares of AVUS opened at $111.09 on Wednesday. The firm’s 50-day moving average price is $107.79 and its 200-day moving average price is $101.32. The firm has a market capitalization of $10.05 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $111.35.

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.