Trellis Wealth Advisors LLC Raises Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Trellis Wealth Advisors LLC grew its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 259,635 shares of the company’s stock after purchasing an additional 5,075 shares during the period. Avantis International Equity ETF makes up approximately 8.0% of Trellis Wealth Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Trellis Wealth Advisors LLC owned 0.38% of Avantis International Equity ETF worth $15,934,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AVDE. Private Advisor Group LLC raised its holdings in Avantis International Equity ETF by 1.9% during the third quarter. Private Advisor Group LLC now owns 35,601 shares of the company’s stock worth $2,386,000 after acquiring an additional 670 shares in the last quarter. CENTRAL TRUST Co raised its holdings in Avantis International Equity ETF by 2.7% during the third quarter. CENTRAL TRUST Co now owns 53,665 shares of the company’s stock worth $3,597,000 after acquiring an additional 1,399 shares in the last quarter. Leading Edge Financial Planning LLC bought a new stake in Avantis International Equity ETF during the third quarter worth about $593,000. Nicholson Wealth Management Group LLC bought a new stake in Avantis International Equity ETF during the third quarter worth about $2,586,000. Finally, Silver Oak Securities Incorporated raised its holdings in Avantis International Equity ETF by 57.0% during the third quarter. Silver Oak Securities Incorporated now owns 11,940 shares of the company’s stock worth $803,000 after acquiring an additional 4,333 shares in the last quarter.

Avantis International Equity ETF Stock Performance

AVDE opened at $65.61 on Friday. Avantis International Equity ETF has a 52-week low of $59.02 and a 52-week high of $67.83. The firm has a market capitalization of $4.54 billion, a PE ratio of 11.74 and a beta of 0.82. The business’s 50-day simple moving average is $63.03 and its 200 day simple moving average is $64.07.

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.