Avantis International Equity ETF (NYSEARCA:AVDE) is Grand Wealth Management LLC’s 2nd Largest Position

Grand Wealth Management LLC raised its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 15.1% during the 4th quarter, HoldingsChannel reports. The fund owned 268,587 shares of the company’s stock after acquiring an additional 35,324 shares during the quarter. Avantis International Equity ETF comprises approximately 9.2% of Grand Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Grand Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $16,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Strategic Financial Concepts LLC raised its stake in Avantis International Equity ETF by 7,432.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock worth $375,411,000 after acquiring an additional 6,035,964 shares during the period. Corient Private Wealth LLC increased its stake in shares of Avantis International Equity ETF by 15.4% in the fourth quarter. Corient Private Wealth LLC now owns 3,384,651 shares of the company’s stock worth $207,716,000 after purchasing an additional 450,656 shares in the last quarter. Rockwood Wealth Management LLC raised its position in shares of Avantis International Equity ETF by 7.3% during the 4th quarter. Rockwood Wealth Management LLC now owns 2,657,033 shares of the company’s stock valued at $162,903,000 after purchasing an additional 181,222 shares during the period. HighTower Advisors LLC boosted its holdings in Avantis International Equity ETF by 1.5% in the 4th quarter. HighTower Advisors LLC now owns 2,445,508 shares of the company’s stock worth $150,081,000 after buying an additional 37,094 shares during the period. Finally, American Century Companies Inc. boosted its holdings in Avantis International Equity ETF by 30.4% in the 4th quarter. American Century Companies Inc. now owns 2,219,381 shares of the company’s stock worth $136,203,000 after buying an additional 517,942 shares during the period.

Avantis International Equity ETF Stock Up 0.3 %

NYSEARCA:AVDE opened at $66.57 on Thursday. The business’s 50-day simple moving average is $65.97 and its two-hundred day simple moving average is $64.60. Avantis International Equity ETF has a 52 week low of $59.02 and a 52 week high of $68.81. The stock has a market cap of $5.97 billion, a PE ratio of 14.74 and a beta of 0.83.

Avantis International Equity ETF Profile

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.