Bull Oak Capital LLC Cuts Position in Avantis U.S. Equity ETF $AVUS

Bull Oak Capital LLC decreased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 54.7% during the second quarter, HoldingsChannel reports. The firm owned 113,462 shares of the company’s stock after selling 137,092 shares during the quarter. Avantis U.S. Equity ETF accounts for approximately 5.2% of Bull Oak Capital LLC’s holdings, making the stock its 6th biggest position. Bull Oak Capital LLC’s holdings in Avantis U.S. Equity ETF were worth $11,439,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of AVUS. Assetmark Inc. purchased a new stake in Avantis U.S. Equity ETF in the first quarter worth about $25,000. Iron Horse Wealth Management LLC bought a new position in shares of Avantis U.S. Equity ETF during the first quarter valued at approximately $27,000. Harbor Asset Planning Inc. bought a new position in shares of Avantis U.S. Equity ETF during the second quarter valued at approximately $29,000. Mattson Financial Services LLC bought a new position in shares of Avantis U.S. Equity ETF during the first quarter valued at approximately $107,000. Finally, AE Wealth Management LLC increased its stake in shares of Avantis U.S. Equity ETF by 9.8% during the first quarter. AE Wealth Management LLC now owns 1,643 shares of the company’s stock valued at $152,000 after purchasing an additional 146 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $111.09 on Wednesday. Avantis U.S. Equity ETF has a fifty-two week low of $79.20 and a fifty-two week high of $111.35. The company has a 50 day simple moving average of $107.79 and a two-hundred day simple moving average of $101.32. The company has a market capitalization of $10.05 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02.

Avantis U.S. Equity ETF 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.