Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Purchased by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. raised its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 77.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 193,521 shares of the company’s stock after acquiring an additional 84,581 shares during the quarter. Avantis U.S. Equity ETF accounts for about 2.4% of Bridgewater Advisors Inc.’s investment portfolio, making the stock its 12th largest holding. Bridgewater Advisors Inc.’s holdings in Avantis U.S. Equity ETF were worth $15,782,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AVUS. McGlone Suttner Wealth Management Inc. purchased a new stake in Avantis U.S. Equity ETF during the 4th quarter worth $1,214,000. True Wealth Design LLC raised its holdings in Avantis U.S. Equity ETF by 1.4% in the third quarter. True Wealth Design LLC now owns 70,831 shares of the company’s stock valued at $5,189,000 after acquiring an additional 985 shares in the last quarter. Monument Group Wealth Advisors LLC bought a new position in Avantis U.S. Equity ETF during the 4th quarter valued at $657,000. Good Life Advisors LLC grew its holdings in Avantis U.S. Equity ETF by 14.8% during the 4th quarter. Good Life Advisors LLC now owns 21,755 shares of the company’s stock worth $1,774,000 after acquiring an additional 2,810 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Avantis U.S. Equity ETF by 1.4% in the 4th quarter. Versant Capital Management Inc now owns 66,136 shares of the company’s stock valued at $5,393,000 after purchasing an additional 890 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

NYSEARCA:AVUS traded down $1.60 during mid-day trading on Tuesday, reaching $85.25. The stock had a trading volume of 126,950 shares, compared to its average volume of 277,881. The company has a market capitalization of $6.21 billion, a price-to-earnings ratio of 17.12 and a beta of 1.05. Avantis U.S. Equity ETF has a 1-year low of $68.68 and a 1-year high of $89.65. The stock’s 50 day simple moving average is $87.02 and its two-hundred day simple moving average is $81.56.

About Avantis U.S. Equity ETF

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.