Ruedi Wealth Management Inc. Buys 22,553 Shares of Avantis U.S. Equity ETF $AVUS

Ruedi Wealth Management Inc. increased its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 172.8% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 35,606 shares of the company’s stock after buying an additional 22,553 shares during the quarter. Avantis U.S. Equity ETF comprises approximately 1.1% of Ruedi Wealth Management Inc.’s portfolio, making the stock its 19th biggest position. Ruedi Wealth Management Inc.’s holdings in Avantis U.S. Equity ETF were worth $3,590,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Triune Financial Partners LLC grew its stake in shares of Avantis U.S. Equity ETF by 0.3% during the 1st quarter. Triune Financial Partners LLC now owns 33,914 shares of the company’s stock valued at $3,133,000 after purchasing an additional 106 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Avantis U.S. Equity ETF by 2.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 5,412 shares of the company’s stock valued at $500,000 after purchasing an additional 146 shares during the period. AE Wealth Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 9.8% during the 1st quarter. AE Wealth Management LLC now owns 1,643 shares of the company’s stock valued at $152,000 after purchasing an additional 146 shares during the period. Sigma Planning Corp grew its stake in shares of Avantis U.S. Equity ETF by 5.0% during the 1st quarter. Sigma Planning Corp now owns 3,956 shares of the company’s stock valued at $365,000 after purchasing an additional 188 shares during the period. Finally, Morris Financial Concepts Inc. raised its position in Avantis U.S. Equity ETF by 0.8% in the first quarter. Morris Financial Concepts Inc. now owns 25,092 shares of the company’s stock worth $2,318,000 after acquiring an additional 206 shares during the period.

Avantis U.S. Equity ETF Trading Down 2.8%

AVUS opened at $105.96 on Monday. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $109.75. The company has a market capitalization of $9.56 billion, a PE ratio of 20.35 and a beta of 1.05. The firm’s 50 day simple moving average is $106.63 and its two-hundred day simple moving average is $99.53.

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.