Betterment LLC Has $4.49 Million Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Betterment LLC grew its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 15.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 46,349 shares of the company’s stock after buying an additional 6,089 shares during the quarter. Betterment LLC’s holdings in Avantis U.S. Equity ETF were worth $4,493,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in AVUS. Index Fund Advisors Inc. grew its holdings in Avantis U.S. Equity ETF by 4.1% during the 4th quarter. Index Fund Advisors Inc. now owns 2,989 shares of the company’s stock worth $290,000 after acquiring an additional 118 shares during the last quarter. Smartleaf Asset Management LLC raised its position in Avantis U.S. Equity ETF by 6.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,324 shares of the company’s stock worth $226,000 after purchasing an additional 138 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Avantis U.S. Equity ETF by 11.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,515 shares of the company’s stock worth $147,000 after buying an additional 154 shares in the last quarter. Valued Wealth Advisors LLC boosted its position in Avantis U.S. Equity ETF by 1.1% in the 4th quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock valued at $1,408,000 after buying an additional 163 shares during the last quarter. Finally, Wealth Management Partners LLC increased its stake in shares of Avantis U.S. Equity ETF by 1.1% in the 4th quarter. Wealth Management Partners LLC now owns 15,468 shares of the company’s stock valued at $1,499,000 after buying an additional 166 shares during the period.

Avantis U.S. Equity ETF Stock Up 0.3 %

Shares of AVUS opened at $90.17 on Friday. The stock’s fifty day simple moving average is $91.70 and its 200-day simple moving average is $96.46. The firm has a market capitalization of $7.49 billion, a PE ratio of 19.26 and a beta of 1.03. Avantis U.S. Equity ETF has a 12-month low of $79.20 and a 12-month high of $102.23.

Avantis U.S. Equity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.2962 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Avantis U.S. Equity ETF 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.