Trademark Financial Management LLC Cuts Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Trademark Financial Management LLC reduced its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 32.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,990 shares of the company’s stock after selling 12,244 shares during the period. Avantis U.S. Equity ETF makes up approximately 1.9% of Trademark Financial Management LLC’s portfolio, making the stock its 16th largest position. Trademark Financial Management LLC’s holdings in Avantis U.S. Equity ETF were worth $2,422,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in AVUS. Strategic Financial Concepts LLC increased its holdings in Avantis U.S. Equity ETF by 11,619.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock valued at $21,023,000 after buying an additional 19,784,005 shares in the last quarter. Life Planning Partners Inc boosted its position in Avantis U.S. Equity ETF by 9,594.1% during the fourth quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after acquiring an additional 944,060 shares during the last quarter. Ridgeline Wealth LLC acquired a new stake in Avantis U.S. Equity ETF during the fourth quarter worth approximately $26,663,000. Bridgewater Advisors Inc. boosted its position in Avantis U.S. Equity ETF by 62.4% during the fourth quarter. Bridgewater Advisors Inc. now owns 512,944 shares of the company’s stock worth $49,853,000 after acquiring an additional 197,030 shares during the last quarter. Finally, Tanager Wealth Management LLP boosted its position in Avantis U.S. Equity ETF by 76.4% during the fourth quarter. Tanager Wealth Management LLP now owns 416,248 shares of the company’s stock worth $40,347,000 after acquiring an additional 180,271 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $101.07 on Friday. Avantis U.S. Equity ETF has a 1 year low of $83.68 and a 1 year high of $102.23. The firm’s 50 day moving average price is $99.32 and its 200 day moving average price is $96.47. The firm has a market cap of $7.29 billion, a P/E ratio of 17.22 and a beta of 1.00.

About Avantis U.S. Equity ETF

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.