Avantis International Equity ETF (NYSEARCA:AVDE) Stake Boosted by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. increased its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 0.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 265,562 shares of the company’s stock after buying an additional 733 shares during the period. Avantis International Equity ETF accounts for 1.8% of Bridgewater Advisors Inc.’s portfolio, making the stock its 14th largest holding. Bridgewater Advisors Inc. owned 0.38% of Avantis International Equity ETF worth $17,110,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Annex Advisory Services LLC raised its stake in shares of Avantis International Equity ETF by 29.0% in the 3rd quarter. Annex Advisory Services LLC now owns 5,760,406 shares of the company’s stock valued at $386,120,000 after buying an additional 1,295,471 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in Avantis International Equity ETF by 7,831.7% during the second quarter. Strategic Financial Concepts LLC now owns 4,744,841 shares of the company’s stock worth $295,414,000 after purchasing an additional 4,685,020 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Avantis International Equity ETF by 4.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,553,222 shares of the company’s stock valued at $305,202,000 after purchasing an additional 207,282 shares in the last quarter. Rockwood Wealth Management LLC grew its stake in shares of Avantis International Equity ETF by 7.4% in the 3rd quarter. Rockwood Wealth Management LLC now owns 2,475,811 shares of the company’s stock valued at $165,954,000 after purchasing an additional 169,844 shares during the period. Finally, WMS Partners LLC raised 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 buying an additional 59,930 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE stock opened at $63.97 on Thursday. The stock’s fifty day simple moving average is $65.39 and its 200 day simple moving average is $64.26. Avantis International Equity ETF has a one year low of $54.66 and a one year high of $67.83. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82.

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.