Accredited Wealth Management LLC Acquires New Holdings in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC)

Accredited Wealth Management LLC bought a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,011 shares of the company’s stock, valued at approximately $109,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AVSC. Envestnet Portfolio Solutions Inc. raised its holdings in Avantis U.S. Small Cap Equity ETF by 5.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,953 shares of the company’s stock worth $215,000 after purchasing an additional 208 shares in the last quarter. PCG Wealth Advisors LLC raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 2.1% in the 4th quarter. PCG Wealth Advisors LLC now owns 16,450 shares of the company’s stock worth $894,000 after buying an additional 340 shares in the last quarter. Lion Street Advisors LLC raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 4.6% in the 4th quarter. Lion Street Advisors LLC now owns 8,150 shares of the company’s stock worth $443,000 after buying an additional 361 shares in the last quarter. Tillman Hartley LLC lifted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 1.8% in the fourth quarter. Tillman Hartley LLC now owns 23,973 shares of the company’s stock valued at $1,303,000 after buying an additional 420 shares during the period. Finally, Sequent Asset Management LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 11.7% during the fourth quarter. Sequent Asset Management LLC now owns 4,328 shares of the company’s stock worth $235,000 after acquiring an additional 455 shares during the period.

Avantis U.S. Small Cap Equity ETF Trading Up 2.3 %

NYSEARCA:AVSC opened at $47.89 on Friday. The company has a 50-day moving average of $47.47 and a 200-day moving average of $52.87. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 13.89 and a beta of 1.10. Avantis U.S. Small Cap Equity ETF has a twelve month low of $41.58 and a twelve month high of $60.28.

Avantis U.S. Small Cap Equity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.1386 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Avantis U.S. Small Cap Equity ETF Profile

The Avantis U.S. Small Cap Equity ETF (AVSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVSC was launched on Jan 11, 2022 and is managed by American Century Investments.