Tanager Wealth Management LLP Makes New $9.23 Million Investment in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Tanager Wealth Management LLP acquired a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 113,146 shares of the company’s stock, valued at approximately $9,227,000. Avantis U.S. Equity ETF accounts for 1.7% of Tanager Wealth Management LLP’s portfolio, making the stock its 18th biggest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. CI Private Wealth LLC acquired a new stake in Avantis U.S. Equity ETF during the fourth quarter worth about $21,901,000. Waverly Advisors LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the 2nd quarter worth approximately $23,086,000. WCG Wealth Advisors LLC bought a new stake in shares of Avantis U.S. Equity ETF during the third quarter valued at approximately $20,222,000. American Century Companies Inc. raised its stake in shares of Avantis U.S. Equity ETF by 10.2% in the third quarter. American Century Companies Inc. now owns 2,683,666 shares of the company’s stock valued at $196,605,000 after purchasing an additional 248,936 shares in the last quarter. Finally, First Republic Investment Management Inc. lifted its position in Avantis U.S. Equity ETF by 303.6% in the first quarter. First Republic Investment Management Inc. now owns 305,217 shares of the company’s stock worth $23,532,000 after purchasing an additional 229,590 shares during the period.

Avantis U.S. Equity ETF Stock Down 0.3 %

AVUS traded down $0.23 during trading on Friday, reaching $84.59. 255,594 shares of the company’s stock were exchanged, compared to its average volume of 272,905. The company has a market capitalization of $6.16 billion, a P/E ratio of 17.12 and a beta of 1.05. The business has a 50 day moving average price of $86.81 and a 200 day moving average price of $80.82. Avantis U.S. Equity ETF has a fifty-two week low of $68.68 and a fifty-two week high of $89.65.

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.