Financial Engines Advisors L.L.C. Acquires 417 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

Financial Engines Advisors L.L.C. increased its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 3.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,045 shares of the company’s stock after purchasing an additional 417 shares during the period. Financial Engines Advisors L.L.C.’s holdings in Avantis Real Estate ETF were worth $547,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of AVRE. Apella Capital LLC increased its position in Avantis Real Estate ETF by 1.3% during the 4th quarter. Apella Capital LLC now owns 28,568 shares of the company’s stock valued at $1,198,000 after purchasing an additional 366 shares during the period. DBK Financial Counsel LLC increased its position in shares of Avantis Real Estate ETF by 0.8% during the fourth quarter. DBK Financial Counsel LLC now owns 53,219 shares of the company’s stock worth $2,231,000 after buying an additional 424 shares during the period. Cypress Point Wealth Management LLC raised its stake in Avantis Real Estate ETF by 7.8% during the fourth quarter. Cypress Point Wealth Management LLC now owns 6,099 shares of the company’s stock worth $256,000 after buying an additional 442 shares during the last quarter. Aspect Partners LLC lifted its holdings in Avantis Real Estate ETF by 152.0% in the fourth quarter. Aspect Partners LLC now owns 756 shares of the company’s stock valued at $32,000 after buying an additional 456 shares during the period. Finally, Flagstone Financial Management boosted its position in Avantis Real Estate ETF by 3.5% during the fourth quarter. Flagstone Financial Management now owns 20,452 shares of the company’s stock valued at $857,000 after acquiring an additional 696 shares during the last quarter.

Avantis Real Estate ETF Trading Down 0.2 %

AVRE stock opened at $42.83 on Friday. The firm has a market cap of $551.65 million, a PE ratio of 25.53 and a beta of 1.01. The stock has a 50-day moving average price of $43.11 and a 200-day moving average price of $44.19. Avantis Real Estate ETF has a 1-year low of $38.74 and a 1-year high of $48.36.

Avantis Real Estate ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.2739 dividend. The ex-dividend date was Tuesday, March 25th.

Avantis Real Estate ETF Profile

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.