Bannerman Wealth Management Group LLC Acquires 99,236 Shares of Avantis U.S. Small Cap Equity ETF $AVSC

Bannerman Wealth Management Group LLC acquired a new stake in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) during the third quarter, Holdings Channel reports. The fund acquired 99,236 shares of the company’s stock, valued at approximately $6,463,000. Avantis U.S. Small Cap Equity ETF accounts for approximately 3.7% of Bannerman Wealth Management Group LLC’s investment portfolio, making the stock its 7th largest position.

A number of other large investors have also modified their holdings of AVSC. Cambridge Associates LLC MA ADV raised its position in shares of Avantis U.S. Small Cap Equity ETF by 10.2% in the fourth quarter. Cambridge Associates LLC MA ADV now owns 922,735 shares of the company’s stock valued at $54,201,000 after buying an additional 85,118 shares during the last quarter. Atwood & Palmer Inc. acquired a new position in Avantis U.S. Small Cap Equity ETF during the third quarter worth $35,992,000. Retirement Financial Solutions LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 1.9% in the 1st quarter. Retirement Financial Solutions LLC now owns 376,850 shares of the company’s stock valued at $23,478,000 after buying an additional 6,967 shares in the last quarter. FAS Wealth Partners Inc. increased its stake in shares of Avantis U.S. Small Cap Equity ETF by 2.0% in the 1st quarter. FAS Wealth Partners Inc. now owns 277,447 shares of the company’s stock worth $17,285,000 after acquiring an additional 5,394 shares during the last quarter. Finally, Cornerstone Wealth Partners LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 4th quarter worth $16,571,000.

Avantis U.S. Small Cap Equity ETF Trading Up 0.5%

Shares of AVSC stock opened at $69.96 on Friday. The company’s 50-day moving average price is $72.23 and its 200-day moving average price is $69.98. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 14.03 and a beta of 1.03. Avantis U.S. Small Cap Equity ETF has a twelve month low of $54.31 and a twelve month high of $75.30.

About Avantis U.S. Small Cap Equity ETF

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.