Austin Wealth Management LLC Increases Stake in Avantis All Equity Markets ETF (NYSEARCA:AVGE)

Austin Wealth Management LLC grew its position in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 85.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,731 shares of the company’s stock after acquiring an additional 10,503 shares during the quarter. Austin Wealth Management LLC’s holdings in Avantis All Equity Markets ETF were worth $1,683,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Parkworth Wealth Management Inc. purchased a new stake in shares of Avantis All Equity Markets ETF in the 4th quarter worth $28,000. EverSource Wealth Advisors LLC boosted its position in Avantis All Equity Markets ETF by 81.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,815 shares of the company’s stock valued at $131,000 after acquiring an additional 812 shares in the last quarter. Red Lighthouse Investment Management LLC boosted its position in Avantis All Equity Markets ETF by 73.9% during the 4th quarter. Red Lighthouse Investment Management LLC now owns 2,109 shares of the company’s stock valued at $153,000 after acquiring an additional 896 shares in the last quarter. WMG Financial Advisors LLC boosted its position in Avantis All Equity Markets ETF by 2.0% during the 4th quarter. WMG Financial Advisors LLC now owns 17,776 shares of the company’s stock valued at $1,286,000 after acquiring an additional 342 shares in the last quarter. Finally, Modera Wealth Management LLC bought a new stake in Avantis All Equity Markets ETF during the 4th quarter valued at $841,000.

Avantis All Equity Markets ETF Trading Down 0.6 %

Shares of NYSEARCA AVGE opened at $70.75 on Wednesday. The stock’s fifty day simple moving average is $73.92 and its two-hundred day simple moving average is $73.81. Avantis All Equity Markets ETF has a 12-month low of $65.71 and a 12-month high of $76.92. The stock has a market capitalization of $459.17 million, a PE ratio of 16.74 and a beta of 1.05.

Avantis All Equity Markets ETF Company Profile

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns.