Trellis Wealth Advisors LLC Grows Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Trellis Wealth Advisors LLC boosted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.0% in the third quarter, HoldingsChannel reports. The firm owned 223,939 shares of the company’s stock after buying an additional 2,117 shares during the quarter. Avantis U.S. Equity ETF accounts for about 10.7% of Trellis Wealth Advisors LLC’s holdings, making the stock its 4th largest holding. Trellis Wealth Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $21,308,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its position in Avantis U.S. Equity ETF by 11,264.4% during the second quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock valued at $1,291,183,000 after buying an additional 14,190,276 shares during the period. Annex Advisory Services LLC grew its position in shares of Avantis U.S. Equity ETF by 25.0% during the 3rd quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock valued at $322,933,000 after acquiring an additional 679,655 shares during the period. American Century Companies Inc. increased its stake in shares of Avantis U.S. Equity ETF by 5.8% during the 2nd quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock worth $263,717,000 after purchasing an additional 159,134 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 6.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after purchasing an additional 104,125 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Avantis U.S. Equity ETF by 1.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,470,657 shares of the company’s stock valued at $132,638,000 after purchasing an additional 23,513 shares during the last quarter.

Avantis U.S. Equity ETF Trading Down 0.5 %

Shares of NYSEARCA AVUS opened at $96.72 on Tuesday. The stock has a fifty day simple moving average of $93.64 and a two-hundred day simple moving average of $90.79. Avantis U.S. Equity ETF has a 1-year low of $69.57 and a 1-year high of $97.51. The firm has a market cap of $6.98 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00.

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.