TIAA Trust National Association Has $6.55 Million Position in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV)

TIAA Trust National Association grew its stake in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) by 60.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 67,859 shares of the company’s stock after buying an additional 25,546 shares during the period. TIAA Trust National Association’s holdings in Avantis U.S. Small Cap Value ETF were worth $6,550,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Private Trust Co. NA increased its position in Avantis U.S. Small Cap Value ETF by 3.1% during the 3rd quarter. Private Trust Co. NA now owns 5,292 shares of the company’s stock valued at $508,000 after purchasing an additional 160 shares during the period. First PREMIER Bank boosted its stake in shares of Avantis U.S. Small Cap Value ETF by 11.9% in the 4th quarter. First PREMIER Bank now owns 2,083 shares of the company’s stock valued at $201,000 after purchasing an additional 221 shares during the last quarter. Diversified Portfolios Inc. increased its position in shares of Avantis U.S. Small Cap Value ETF by 0.9% during the fourth quarter. Diversified Portfolios Inc. now owns 47,893 shares of the company’s stock worth $4,623,000 after buying an additional 442 shares during the period. Synergy Investment Management LLC bought a new position in Avantis U.S. Small Cap Value ETF during the fourth quarter worth $47,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in Avantis U.S. Small Cap Value ETF by 8.5% in the third quarter. Integrated Wealth Concepts LLC now owns 7,909 shares of the company’s stock valued at $759,000 after buying an additional 619 shares during the period.

Avantis U.S. Small Cap Value ETF Trading Down 0.8 %

Shares of AVUV opened at $89.35 on Wednesday. The firm’s fifty day simple moving average is $94.22 and its two-hundred day simple moving average is $96.73. Avantis U.S. Small Cap Value ETF has a 12 month low of $84.37 and a 12 month high of $107.64. The stock has a market capitalization of $14.90 billion, a P/E ratio of 11.17 and a beta of 1.28.

Avantis U.S. Small Cap Value ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be paid a dividend of $0.3389 per share. The ex-dividend date of this dividend is Tuesday, March 25th.

Avantis U.S. Small Cap Value ETF Company Profile

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.