Bridgewater Advisors Inc. Has $30.40 Million Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Bridgewater Advisors Inc. increased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 13.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 315,914 shares of the company’s stock after purchasing an additional 38,354 shares during the quarter. Avantis U.S. Equity ETF makes up approximately 3.2% of Bridgewater Advisors Inc.’s holdings, making the stock its 9th biggest holding. Bridgewater Advisors Inc.’s holdings in Avantis U.S. Equity ETF were worth $30,400,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its holdings in shares of 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 worth $1,291,183,000 after purchasing an additional 14,190,276 shares during the last quarter. Annex Advisory Services LLC grew its holdings in 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 worth $322,933,000 after acquiring an additional 679,655 shares during the last quarter. Simplicity Wealth LLC grew its holdings in Avantis U.S. Equity ETF by 837.3% during the 3rd quarter. Simplicity Wealth LLC now owns 629,361 shares of the company’s stock worth $59,884,000 after acquiring an additional 562,213 shares during the last quarter. McGlone Suttner Wealth Management Inc. increased its position in Avantis U.S. Equity ETF by 2,221.3% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 345,642 shares of the company’s stock valued at $32,888,000 after acquiring an additional 330,752 shares in the last quarter. Finally, Smith Anglin Financial LLC raised its stake in shares of Avantis U.S. Equity ETF by 45.6% in the third quarter. Smith Anglin Financial LLC now owns 846,295 shares of the company’s stock worth $80,525,000 after acquiring an additional 265,209 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

AVUS opened at $99.46 on Thursday. The company’s 50 day simple moving average is $94.57 and its 200-day simple moving average is $91.53. Avantis U.S. Equity ETF has a one year low of $72.86 and a one year high of $99.56. The stock has a market capitalization of $7.17 billion, a P/E ratio of 17.22 and a beta of 1.00.

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.