Diversify Wealth Management LLC Increases Holdings in Avantis International Equity ETF $AVDE

Diversify Wealth Management LLC grew its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 1,152.5% during the 1st quarter, HoldingsChannel reports. The fund owned 30,122 shares of the company’s stock after purchasing an additional 27,717 shares during the quarter. Diversify Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $2,636,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of AVDE. Align Financial LLC bought a new position in shares of Avantis International Equity ETF during the fourth quarter valued at $1,117,525,000. Ameriprise Financial Inc. raised its position in shares of Avantis International Equity ETF by 357.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock worth $388,855,000 after purchasing an additional 3,853,677 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Avantis International Equity ETF by 61.5% in the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock worth $479,508,000 after purchasing an additional 2,219,229 shares in the last quarter. Maseco LLP bought a new position in Avantis International Equity ETF in the 1st quarter worth about $166,156,000. Finally, Advance Capital Management Inc. boosted its stake in Avantis International Equity ETF by 1,709.5% in the 1st quarter. Advance Capital Management Inc. now owns 1,732,496 shares of the company’s stock worth $146,985,000 after purchasing an additional 1,636,753 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of AVDE stock opened at $89.27 on Tuesday. The company has a market capitalization of $17.40 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a one year low of $72.79 and a one year high of $92.60. The company’s 50-day moving average is $90.12 and its 200 day moving average is $88.11.

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.