Sollinda Capital Management LLC Acquires 7,960 Shares of Avantis U.S. Equity ETF $AVUS

Sollinda Capital Management LLC grew its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 13.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 65,081 shares of the company’s stock after purchasing an additional 7,960 shares during the period. Avantis U.S. Equity ETF makes up about 1.9% of Sollinda Capital Management LLC’s holdings, making the stock its 12th biggest holding. Sollinda Capital Management LLC’s holdings in Avantis U.S. Equity ETF were worth $7,074,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of AVUS. Smartleaf Asset Management LLC increased its stake in shares of Avantis U.S. Equity ETF by 4.2% in the second quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock valued at $243,000 after buying an additional 97 shares during the period. Vicus Capital lifted its position in shares of Avantis U.S. Equity ETF by 0.4% in the 3rd quarter. Vicus Capital now owns 28,868 shares of the company’s stock worth $3,138,000 after purchasing an additional 101 shares during the period. Waterfront Wealth Inc. boosted its stake in shares of Avantis U.S. Equity ETF by 0.7% in the 2nd quarter. Waterfront Wealth Inc. now owns 15,112 shares of the company’s stock valued at $1,524,000 after purchasing an additional 105 shares during the last quarter. Avestar Capital LLC increased its position in shares of Avantis U.S. Equity ETF by 2.2% during the second quarter. Avestar Capital LLC now owns 5,656 shares of the company’s stock worth $570,000 after buying an additional 121 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC raised its stake in Avantis U.S. Equity ETF by 3.3% during the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 4,367 shares of the company’s stock worth $475,000 after buying an additional 138 shares during the last quarter.

Avantis U.S. Equity ETF Trading Up 0.8%

Shares of Avantis U.S. Equity ETF stock opened at $116.58 on Tuesday. The business has a 50-day moving average price of $113.23 and a two-hundred day moving average price of $109.22. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $116.84. The company has a market cap of $11.15 billion, a P/E 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.