Avantis U.S. Equity ETF $AVUS is McLean Asset Management Corp’s Largest Position

McLean Asset Management Corp increased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 41.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 677,180 shares of the company’s stock after purchasing an additional 198,895 shares during the period. Avantis U.S. Equity ETF makes up 13.9% of McLean Asset Management Corp’s portfolio, making the stock its largest holding. McLean Asset Management Corp’s holdings in Avantis U.S. Equity ETF were worth $77,598,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AVUS. EverSource Wealth Advisors LLC increased its stake in Avantis U.S. Equity ETF by 138.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after buying an additional 208 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Avantis U.S. Equity ETF by 151.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock worth $43,000 after acquiring an additional 237 shares during the period. Promus Capital LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 2nd quarter worth $48,000. Trust Co. of Vermont purchased a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at about $51,000. Finally, Assetmark Inc. boosted its holdings in shares of Avantis U.S. Equity ETF by 116.0% in the third quarter. Assetmark Inc. now owns 579 shares of the company’s stock valued at $63,000 after acquiring an additional 311 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.7%

Shares of Avantis U.S. Equity ETF stock opened at $111.91 on Thursday. The firm has a market cap of $10.70 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. Avantis U.S. Equity ETF has a 52-week low of $79.20 and a 52-week high of $118.27. The company’s 50-day simple moving average is $114.52 and its 200-day simple moving average is $111.98.

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.