Ruedi Wealth Management Inc. Cuts Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Ruedi Wealth Management Inc., a financial services company based in Switzerland, has recently announced that it has cut its stock holdings in Avantis U.S. Equity ETF NYSEARCAAVUS by 4.4% during the third quarter of 2021. According to its most recent filing with the Securities and Exchange Commission (SEC), the fund owned 31,690 shares of the company's stock after selling 1,458 shares during the quarter.

Avantis U.S. Equity ETF NYSEARCAAVUS is a mutual fund that tracks the performance of the S&P 500 index, which includes large-cap and mid-cap stocks from various industries in the United States. The fund was launched in 2018 by Avantis Investors, a subsidiary of Swiss Re, a global reinsurer.

Ruedi Wealth Management Inc. is a financial services company that provides wealth management solutions to individuals and institutions. The company operates in Switzerland and other countries and offers a range of investment products, including mutual funds, exchange-traded funds (ETFs), and private banking services.

It's worth noting that the decision to cut stock holdings in Avantis U.S. Equity ETF NYSEARCAAVUS may be influenced by various factors such as market conditions, investment strategy, and risk management considerations. It's also possible that Ruedi Wealth Management Inc. has diversified its portfolio by investing in other assets or funds to mitigate potential risks associated with any single investment.