Avantis U.S. Equity ETF $AVUS is Sterneck Capital Management LLC’s 10th Largest Position

Sterneck Capital Management LLC increased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 50.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,891 shares of the company’s stock after buying an additional 17,981 shares during the period. Avantis U.S. Equity ETF accounts for 2.7% of Sterneck Capital Management LLC’s holdings, making the stock its 10th biggest position. Sterneck Capital Management LLC owned about 0.06% of Avantis U.S. Equity ETF worth $5,858,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVUS. Harbor Asset Planning Inc. acquired a new position in shares of Avantis U.S. Equity ETF in the second quarter worth about $29,000. EverSource Wealth Advisors LLC raised its holdings in Avantis U.S. Equity ETF by 138.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after purchasing an additional 208 shares during the period. Trust Co. of Vermont purchased a new position in Avantis U.S. Equity ETF during the third quarter worth approximately $51,000. Promus Capital LLC acquired a new stake in Avantis U.S. Equity ETF in the second quarter valued at approximately $48,000. Finally, Asset Dedication LLC increased its position in shares of Avantis U.S. Equity ETF by 67.7% in the second quarter. Asset Dedication LLC now owns 845 shares of the company’s stock valued at $85,000 after buying an additional 341 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS stock opened at $115.05 on Monday. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $115.20. The company has a market cap of $10.81 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The stock has a 50 day simple moving average of $111.21 and a 200-day simple moving average of $107.71.

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.