Bridgewater Advisors Inc. Purchases 74,501 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Bridgewater Advisors Inc. raised its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 28.1% in the fourth quarter, HoldingsChannel reports. The firm owned 340,063 shares of the company’s stock after acquiring an additional 74,501 shares during the period. Avantis International Equity ETF comprises about 2.2% of Bridgewater Advisors Inc.’s investment portfolio, making the stock its 14th largest holding. Bridgewater Advisors Inc.’s holdings in Avantis International Equity ETF were worth $20,734,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Global Wealth Strategies & Associates bought a new position in Avantis International Equity ETF in the fourth quarter worth approximately $32,000. Voisard Asset Management Group Inc. bought a new position in shares of Avantis International Equity ETF in the 3rd quarter worth $41,000. NBC Securities Inc. raised its position in shares of Avantis International Equity ETF by 17.6% in the 3rd quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after acquiring an additional 220 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Avantis International Equity ETF during the 3rd quarter worth $106,000. Finally, EnRich Financial Partners LLC boosted its position in Avantis International Equity ETF by 17.4% during the third quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock valued at $172,000 after purchasing an additional 380 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of Avantis International Equity ETF stock opened at $62.15 on Monday. Avantis International Equity ETF has a one year low of $58.42 and a one year high of $67.83. The company has a market capitalization of $4.30 billion, a PE ratio of 11.74 and a beta of 0.82. The company has a 50-day simple moving average of $62.63 and a two-hundred day simple moving average of $63.90.

About Avantis International Equity ETF

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.