Sentinel Wealth Management Inc. Buys 19,389 Shares of Avantis Real Estate ETF $AVRE

Sentinel Wealth Management Inc. increased its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 19.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,282 shares of the company’s stock after purchasing an additional 19,389 shares during the quarter. Avantis Real Estate ETF makes up about 4.3% of Sentinel Wealth Management Inc.’s portfolio, making the stock its 7th largest holding. Sentinel Wealth Management Inc.’s holdings in Avantis Real Estate ETF were worth $5,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Bayshore Asset Management LLC lifted its stake in Avantis Real Estate ETF by 2.5% in the 4th quarter. Bayshore Asset Management LLC now owns 24,297 shares of the company’s stock valued at $1,058,000 after purchasing an additional 603 shares during the last quarter. Sprinkle Financial Consultants LLC grew its stake in shares of Avantis Real Estate ETF by 7.2% during the fourth quarter. Sprinkle Financial Consultants LLC now owns 38,269 shares of the company’s stock worth $1,666,000 after buying an additional 2,569 shares during the last quarter. Henrickson Nauta Wealth Advisors Inc. grew its stake in shares of Avantis Real Estate ETF by 68.9% during the fourth quarter. Henrickson Nauta Wealth Advisors Inc. now owns 24,774 shares of the company’s stock worth $1,086,000 after buying an additional 10,102 shares during the last quarter. Collective Family Office LLC increased its holdings in shares of Avantis Real Estate ETF by 4.1% during the fourth quarter. Collective Family Office LLC now owns 107,597 shares of the company’s stock worth $4,684,000 after buying an additional 4,278 shares in the last quarter. Finally, ShankerValleau Wealth Advisors Inc. increased its holdings in shares of Avantis Real Estate ETF by 7.2% during the fourth quarter. ShankerValleau Wealth Advisors Inc. now owns 384,059 shares of the company’s stock worth $16,718,000 after buying an additional 25,782 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of AVRE opened at $43.65 on Monday. Avantis Real Estate ETF has a 52 week low of $37.71 and a 52 week high of $47.81. The stock has a market capitalization of $680.94 million, a price-to-earnings ratio of 28.60 and a beta of 0.93. The stock has a fifty day moving average of $45.70 and a 200-day moving average of $44.70.

About Avantis Real Estate ETF

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.