Life Planning Partners Inc Buys 1,746 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

Life Planning Partners Inc increased its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 6.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,905 shares of the company’s stock after buying an additional 1,746 shares during the period. Life Planning Partners Inc owned 0.25% of Avantis Real Estate ETF worth $1,128,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in Avantis Real Estate ETF by 276.8% during the 4th quarter. JPMorgan Chase & Co. now owns 2,528 shares of the company’s stock valued at $106,000 after purchasing an additional 1,857 shares during the period. Financial Engines Advisors L.L.C. boosted its holdings in shares of Avantis Real Estate ETF by 3.3% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 13,045 shares of the company’s stock valued at $547,000 after buying an additional 417 shares in the last quarter. Ariadne Wealth Management LP bought a new position in shares of Avantis Real Estate ETF during the 4th quarter worth approximately $359,000. LPL Financial LLC raised its stake in shares of Avantis Real Estate ETF by 43.7% during the 4th quarter. LPL Financial LLC now owns 153,877 shares of the company’s stock worth $6,451,000 after acquiring an additional 46,787 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in Avantis Real Estate ETF by 7.9% during the fourth quarter. American Century Companies Inc. now owns 302,921 shares of the company’s stock valued at $12,698,000 after acquiring an additional 22,105 shares during the last quarter.

Avantis Real Estate ETF Price Performance

Shares of NYSEARCA:AVRE opened at $42.83 on Friday. The business’s 50-day moving average is $43.13 and its 200 day moving average is $44.14. Avantis Real Estate ETF has a 1 year low of $38.74 and a 1 year high of $48.36. The firm has a market capitalization of $551.65 million, a P/E ratio of 25.53 and a beta of 1.01.

Avantis Real Estate ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a $0.2739 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

About Avantis Real Estate ETF

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.