Northwestern Mutual Wealth Management Co. Has $68.89 Million Stock Position in Avantis U.S. Equity ETF $AVUS

Northwestern Mutual Wealth Management Co. cut its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 13.7% during the fourth quarter, HoldingsChannel reports. The firm owned 616,308 shares of the company’s stock after selling 97,619 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Avantis U.S. Equity ETF were worth $68,891,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Diversified Portfolios Inc. grew its stake in shares of Avantis U.S. Equity ETF by 1.6% in the fourth quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock worth $659,000 after acquiring an additional 90 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Avantis U.S. Equity ETF by 4.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after purchasing an additional 97 shares during the period. RCS Financial Planning LLC raised its position in shares of Avantis U.S. Equity ETF by 4.0% during the fourth quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock valued at $300,000 after buying an additional 102 shares during the last quarter. Physician Wealth Solutions Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 0.3% in the fourth quarter. Physician Wealth Solutions Inc. now owns 36,970 shares of the company’s stock valued at $4,132,000 after buying an additional 107 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC grew its position in Avantis U.S. Equity ETF by 4.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 2,760 shares of the company’s stock worth $309,000 after buying an additional 114 shares in the last quarter.

Avantis U.S. Equity ETF Trading Up 0.1%

Shares of NYSEARCA:AVUS opened at $127.49 on Friday. The firm has a market capitalization of $12.74 billion, a PE ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 1-year low of $95.39 and a 1-year high of $127.84. The business’s 50 day moving average is $119.30 and its 200-day moving average is $115.48.

Avantis U.S. Equity ETF Company 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.