Avantis International Equity ETF $AVDE Stock Position Raised by Gradient Investments LLC

Gradient Investments LLC raised its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 2.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,445,630 shares of the company’s stock after purchasing an additional 30,844 shares during the period. Avantis International Equity ETF comprises approximately 1.8% of Gradient Investments LLC’s holdings, making the stock its 6th largest holding. Gradient Investments LLC owned about 0.75% of Avantis International Equity ETF worth $128,950,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Align Financial LLC bought a new stake in shares of Avantis International Equity ETF in the fourth quarter worth $1,117,525,000. Corient Private Wealth LLC boosted its stake in Avantis International Equity ETF by 61.5% during the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after acquiring an additional 2,219,229 shares during the last quarter. Bank of America Corp DE boosted its stake in Avantis International Equity ETF by 32.4% during the 1st quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock valued at $339,650,000 after acquiring an additional 979,961 shares during the last quarter. LPL Financial LLC grew its holdings in Avantis International Equity ETF by 41.7% during the 4th quarter. LPL Financial LLC now owns 3,266,571 shares of the company’s stock worth $268,904,000 after acquiring an additional 961,586 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Avantis International Equity ETF by 17.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,162,431 shares of the company’s stock worth $260,331,000 after acquiring an additional 458,993 shares in the last quarter.

Avantis International Equity ETF Stock Performance

AVDE opened at $93.95 on Friday. The company has a 50-day moving average of $90.11 and a 200-day moving average of $89.00. The company has a market capitalization of $18.71 billion, a P/E ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 1-year low of $75.39 and a 1-year high of $94.01.

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.