Bridgewater Advisors Inc. Grows Holdings in Avantis U.S. Equity ETF $AVUS

Bridgewater Advisors Inc. increased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 8.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 647,503 shares of the company’s stock after acquiring an additional 51,184 shares during the quarter. Avantis U.S. Equity ETF comprises about 4.9% of Bridgewater Advisors Inc.’s portfolio, making the stock its 3rd largest holding. Bridgewater Advisors Inc. owned approximately 0.71% of Avantis U.S. Equity ETF worth $70,416,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in AVUS. Smartleaf Asset Management LLC boosted its stake in Avantis U.S. Equity ETF by 4.2% during the second quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock valued at $243,000 after buying an additional 97 shares during the last quarter. Vicus Capital grew its holdings in shares of Avantis U.S. Equity ETF by 0.4% in the third quarter. Vicus Capital now owns 28,868 shares of the company’s stock valued at $3,138,000 after purchasing an additional 101 shares in the last quarter. Waterfront Wealth Inc. grew its holdings in shares of Avantis U.S. Equity ETF by 0.7% in the second quarter. Waterfront Wealth Inc. now owns 15,112 shares of the company’s stock valued at $1,524,000 after purchasing an additional 105 shares in the last quarter. Avestar Capital LLC increased its position in Avantis U.S. Equity ETF by 2.2% in the second quarter. Avestar Capital LLC now owns 5,656 shares of the company’s stock worth $570,000 after purchasing an additional 121 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC raised its stake in Avantis U.S. Equity ETF by 3.3% during the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 4,367 shares of the company’s stock valued at $475,000 after purchasing an additional 138 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 0.3%

AVUS stock opened at $116.44 on Friday. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $118.27. The firm has a market capitalization of $11.13 billion, a P/E ratio of 20.35 and a beta of 1.02. The company has a fifty day simple moving average of $114.47 and a two-hundred day simple moving average of $110.33.

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.