Castle Wealth Management LLC Has $3.86 Million Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Castle Wealth Management LLC trimmed its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 5.9% in the 4th quarter, HoldingsChannel reports. The fund owned 47,359 shares of the company’s stock after selling 2,951 shares during the quarter. Avantis U.S. Equity ETF makes up about 2.3% of Castle Wealth Management LLC’s holdings, making the stock its 10th largest holding. Castle Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $3,862,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVUS. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter valued at $1,214,000. True Wealth Design LLC increased its stake in Avantis U.S. Equity ETF by 1.4% in the 3rd quarter. True Wealth Design LLC now owns 70,831 shares of the company’s stock worth $5,189,000 after buying an additional 985 shares in the last quarter. Good Life Advisors LLC raised its holdings in Avantis U.S. Equity ETF by 14.8% during the fourth quarter. Good Life Advisors LLC now owns 21,755 shares of the company’s stock valued at $1,774,000 after acquiring an additional 2,810 shares during the period. Divergent Planning LLC lifted its position in shares of Avantis U.S. Equity ETF by 1.6% in the fourth quarter. Divergent Planning LLC now owns 196,121 shares of the company’s stock valued at $15,911,000 after acquiring an additional 3,135 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Avantis U.S. Equity ETF by 5.9% in the third quarter. UBS Group AG now owns 51,895 shares of the company’s stock valued at $3,802,000 after acquiring an additional 2,895 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA:AVUS traded down $0.23 during trading on Friday, hitting $84.59. 255,594 shares of the company’s stock were exchanged, compared to its average volume of 272,905. The business’s 50-day simple moving average is $86.81 and its 200 day simple moving average is $80.90. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 17.12 and a beta of 1.05. Avantis U.S. Equity ETF has a 52-week low of $68.68 and a 52-week high of $89.65.

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.