BIP Wealth LLC Grows Stock Holdings in Avantis All Equity Markets ETF (NYSEARCA:AVGE)

BIP Wealth LLC lifted its stake in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 14.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,194 shares of the company’s stock after purchasing an additional 3,516 shares during the quarter. BIP Wealth LLC’s holdings in Avantis All Equity Markets ETF were worth $2,040,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AVGE. Parkworth Wealth Management Inc. acquired a new stake in shares of Avantis All Equity Markets ETF in the 4th quarter worth $28,000. JPMorgan Chase & Co. acquired a new stake in Avantis All Equity Markets ETF during the third quarter worth about $34,000. Prudent Man Investment Management Inc. purchased a new position in Avantis All Equity Markets ETF during the fourth quarter worth about $37,000. EverSource Wealth Advisors LLC raised its stake in Avantis All Equity Markets ETF by 81.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,815 shares of the company’s stock worth $131,000 after purchasing an additional 812 shares during the period. Finally, Red Lighthouse Investment Management LLC boosted its holdings in Avantis All Equity Markets ETF by 73.9% in the 4th quarter. Red Lighthouse Investment Management LLC now owns 2,109 shares of the company’s stock valued at $153,000 after purchasing an additional 896 shares during the last quarter.

Avantis All Equity Markets ETF Price Performance

Shares of NYSEARCA AVGE opened at $72.14 on Friday. The company has a market capitalization of $494.16 million, a P/E ratio of 15.75 and a beta of 1.00. The company has a 50 day simple moving average of $70.14 and a 200-day simple moving average of $72.96. Avantis All Equity Markets ETF has a 1 year low of $61.77 and a 1 year high of $76.92.

About Avantis All Equity Markets ETF

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns.