Cornerstone Wealth Management LLC Has $4.23 Million Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Cornerstone Wealth Management LLC increased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 5.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,267 shares of the company’s stock after buying an additional 2,585 shares during the period. Cornerstone Wealth Management LLC owned 0.06% of Avantis U.S. Equity ETF worth $4,230,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth about $1,214,000. Monument Group Wealth Advisors LLC bought a new stake in Avantis U.S. Equity ETF in the fourth quarter valued at approximately $657,000. Good Life Advisors LLC raised its stake in Avantis U.S. Equity ETF by 14.8% in the fourth quarter. Good Life Advisors LLC now owns 21,755 shares of the company’s stock valued at $1,774,000 after buying an additional 2,810 shares during the period. Waverly Advisors LLC lifted its position in shares of Avantis U.S. Equity ETF by 0.9% in the fourth quarter. Waverly Advisors LLC now owns 320,287 shares of the company’s stock valued at $26,119,000 after buying an additional 2,986 shares during the last quarter. Finally, Great Valley Advisor Group Inc. boosted its stake in shares of Avantis U.S. Equity ETF by 535.6% during the 4th quarter. Great Valley Advisor Group Inc. now owns 77,689 shares of the company’s stock worth $6,336,000 after acquiring an additional 65,466 shares during the period.

Avantis U.S. Equity ETF Stock Up 0.3 %

Shares of AVUS stock traded up $0.28 during trading on Thursday, reaching $90.90. 101,798 shares of the company’s stock were exchanged, compared to its average volume of 244,365. Avantis U.S. Equity ETF has a twelve month low of $69.57 and a twelve month high of $91.03. The firm’s fifty day moving average price is $88.94 and its 200-day moving average price is $86.12. The stock has a market capitalization of $6.56 billion, a PE ratio of 17.22 and a beta of 1.00.

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.