Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Position Trimmed by Werba Rubin Papier Wealth Management

Werba Rubin Papier Wealth Management reduced its holdings in Avantis Moderate Allocation ETF (NYSEARCA:AVMA) by 5.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,663 shares of the company’s stock after selling 203 shares during the quarter. Werba Rubin Papier Wealth Management owned approximately 2.06% of Avantis Moderate Allocation ETF worth $219,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of AVMA. Vawter Financial Ltd. boosted its stake in Avantis Moderate Allocation ETF by 1.6% in the second quarter. Vawter Financial Ltd. now owns 12,311 shares of the company’s stock valued at $694,000 after acquiring an additional 195 shares during the period. Sunbelt Securities Inc. boosted its position in Avantis Moderate Allocation ETF by 32.8% during the 2nd quarter. Sunbelt Securities Inc. now owns 1,779 shares of the company’s stock valued at $100,000 after purchasing an additional 439 shares during the period. Finally, Integrity Wealth Solutions LLC boosted its position in Avantis Moderate Allocation ETF by 11.7% during the 2nd quarter. Integrity Wealth Solutions LLC now owns 5,833 shares of the company’s stock valued at $329,000 after purchasing an additional 613 shares during the period.

Avantis Moderate Allocation ETF Stock Up 0.2 %

Shares of NYSEARCA AVMA opened at $60.02 on Friday. Avantis Moderate Allocation ETF has a 1-year low of $48.10 and a 1-year high of $60.27. The business’s fifty day moving average price is $58.74 and its two-hundred day moving average price is $57.32.

Avantis Moderate Allocation ETF Profile

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.