Garrison Point Advisors LLC Invests $574,000 in Avantis Real Estate ETF (NYSEARCA:AVRE)

Garrison Point Advisors LLC bought a new stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 13,704 shares of the company’s stock, valued at approximately $574,000. Garrison Point Advisors LLC owned 0.13% of Avantis Real Estate ETF at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Aspect Partners LLC lifted its stake in Avantis Real Estate ETF by 152.0% in the 4th quarter. Aspect Partners LLC now owns 756 shares of the company’s stock worth $32,000 after purchasing an additional 456 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of Avantis Real Estate ETF in the fourth quarter worth about $46,000. Life Planning Partners Inc boosted its stake in Avantis Real Estate ETF by 4,382.9% during the fourth quarter. Life Planning Partners Inc now owns 1,127,863 shares of the company’s stock valued at $47,000 after buying an additional 1,102,704 shares during the last quarter. SJS Investment Consulting Inc. purchased a new position in Avantis Real Estate ETF during the 4th quarter valued at approximately $79,000. Finally, JPMorgan Chase & Co. increased its stake in Avantis Real Estate ETF by 276.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,528 shares of the company’s stock worth $106,000 after acquiring an additional 1,857 shares during the last quarter.

Avantis Real Estate ETF Price Performance

Shares of AVRE opened at $40.59 on Friday. The business’s 50 day simple moving average is $43.14 and its 200-day simple moving average is $43.95. Avantis Real Estate ETF has a 1 year low of $38.74 and a 1 year high of $48.36. The stock has a market capitalization of $529.29 million, a price-to-earnings ratio of 25.69 and a beta of 0.98.

Avantis Real Estate ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.2739 per share. The ex-dividend date was Tuesday, March 25th.

Avantis Real Estate ETF Company Profile

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.