Tanager Wealth Management LLP Has $20.98 Million Position in Avantis U.S. Equity ETF $AVUS

Tanager Wealth Management LLP lessened its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 193,014 shares of the company’s stock after selling 8,352 shares during the quarter. Avantis U.S. Equity ETF accounts for about 2.2% of Tanager Wealth Management LLP’s holdings, making the stock its 14th biggest position. Tanager Wealth Management LLP owned approximately 0.21% of Avantis U.S. Equity ETF worth $20,981,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC acquired a new position in shares of Avantis U.S. Equity ETF in the fourth quarter worth $670,000. Integrated Wealth Concepts LLC grew its stake in Avantis U.S. Equity ETF by 35.5% in the first quarter. Integrated Wealth Concepts LLC now owns 11,134 shares of the company’s stock valued at $1,029,000 after purchasing an additional 2,915 shares in the last quarter. Mattson Financial Services LLC acquired a new position in Avantis U.S. Equity ETF in the 1st quarter worth about $107,000. Porter White Investment Advisors Inc. purchased a new stake in shares of Avantis U.S. Equity ETF during the 1st quarter worth about $1,098,000. Finally, Modern Wealth Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 42.6% during the 1st quarter. Modern Wealth Management LLC now owns 13,581 shares of the company’s stock worth $1,255,000 after purchasing an additional 4,054 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $115.05 on Friday. The business has a 50 day simple moving average of $111.21 and a 200 day simple moving average of $107.59. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $115.20. The stock has a market cap of $10.81 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02.

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.