Bridgewater Advisors Inc. Raises Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Bridgewater Advisors Inc. grew its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 77.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 193,521 shares of the company’s stock after purchasing an additional 84,581 shares during the quarter. Avantis U.S. Equity ETF comprises approximately 2.4% of Bridgewater Advisors Inc.’s portfolio, making the stock its 12th largest holding. Bridgewater Advisors Inc. owned approximately 0.33% of Avantis U.S. Equity ETF worth $15,782,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Lindbrook Capital LLC acquired a new position in Avantis U.S. Equity ETF in the third quarter valued at about $88,000. Salem Investment Counselors Inc. purchased a new position in shares of Avantis U.S. Equity ETF during the fourth quarter worth $139,000. Sound Income Strategies LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter valued at $207,000. CRA Financial Services LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at $215,000. Finally, Calamos Wealth Management LLC acquired a new position in Avantis U.S. Equity ETF during the 4th quarter worth about $218,000.

Avantis U.S. Equity ETF Trading Down 1.8 %

AVUS traded down $1.60 during trading hours on Tuesday, hitting $85.25. 126,950 shares of the company’s stock were exchanged, compared to its average volume of 277,881. The firm has a market cap of $6.21 billion, a P/E ratio of 17.12 and a beta of 1.05. Avantis U.S. Equity ETF has a 12-month low of $68.68 and a 12-month high of $89.65. The firm has a 50 day moving average of $87.02 and a 200 day moving average of $81.56.

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.