Avantis International Equity ETF (NYSEARCA:AVDE) is Diversified Portfolios Inc.’s 4th Largest Position

Diversified Portfolios Inc. increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 14.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 579,028 shares of the company’s stock after purchasing an additional 74,552 shares during the quarter. Avantis International Equity ETF makes up approximately 4.4% of Diversified Portfolios Inc.’s holdings, making the stock its 4th largest holding. Diversified Portfolios Inc.’s holdings in Avantis International Equity ETF were worth $38,812,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AVDE. First National Bank Sioux Falls increased its position in shares of Avantis International Equity ETF by 11.2% during the second quarter. First National Bank Sioux Falls now owns 184,897 shares of the company’s stock valued at $11,512,000 after buying an additional 18,631 shares during the period. WMS Partners LLC increased its holdings in shares of Avantis International Equity ETF by 3.6% in the 1st quarter. WMS Partners LLC now owns 1,728,586 shares of the company’s stock worth $110,180,000 after purchasing an additional 59,930 shares in the last quarter. Silver Lake Advisory LLC purchased a new position in shares of Avantis International Equity ETF in the second quarter worth $2,009,000. Global Retirement Partners LLC boosted its position in shares of Avantis International Equity ETF by 39.3% during the third quarter. Global Retirement Partners LLC now owns 9,944 shares of the company’s stock valued at $667,000 after buying an additional 2,803 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in Avantis International Equity ETF by 10.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 6,601 shares of the company’s stock worth $421,000 after buying an additional 638 shares in the last quarter.

Avantis International Equity ETF Stock Up 0.3 %

AVDE traded up $0.20 during midday trading on Thursday, hitting $62.91. 59,888 shares of the company traded hands, compared to its average volume of 251,323. The company’s 50-day moving average is $65.21 and its 200 day moving average is $64.32. The firm has a market capitalization of $4.35 billion, a PE ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 52 week low of $56.43 and a 52 week high of $67.83.

Avantis International Equity ETF Company 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.