Collaborative Wealth Managment Inc. Boosts Stock Position in Avantis All Equity Markets ETF (NYSEARCA:AVGE)

Collaborative Wealth Managment Inc. boosted its position in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 43.8% in the second quarter, HoldingsChannel.com reports. The firm owned 30,611 shares of the company’s stock after acquiring an additional 9,325 shares during the period. Avantis All Equity Markets ETF accounts for approximately 1.0% of Collaborative Wealth Managment Inc.’s investment portfolio, making the stock its 26th biggest holding. Collaborative Wealth Managment Inc.’s holdings in Avantis All Equity Markets ETF were worth $2,122,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of AVGE. Strategic Financial Concepts LLC purchased a new position in shares of Avantis All Equity Markets ETF in the 2nd quarter worth approximately $35,916,000. Nova R Wealth Inc. purchased a new position in Avantis All Equity Markets ETF in the first quarter worth $7,149,000. Sprinkle Financial Consultants LLC acquired a new position in shares of Avantis All Equity Markets ETF during the fourth quarter worth $3,096,000. Corient Private Wealth LLC purchased a new stake in shares of Avantis All Equity Markets ETF during the 4th quarter valued at $2,049,000. Finally, Wealthstream Advisors Inc. boosted its position in shares of Avantis All Equity Markets ETF by 30.5% in the 2nd quarter. Wealthstream Advisors Inc. now owns 116,096 shares of the company’s stock worth $8,048,000 after purchasing an additional 27,163 shares in the last quarter.

Avantis All Equity Markets ETF Price Performance

Shares of AVGE stock opened at $71.48 on Friday. The stock’s fifty day moving average price is $70.54 and its 200 day moving average price is $69.46. Avantis All Equity Markets ETF has a 1-year low of $55.77 and a 1-year high of $72.66. The company has a market cap of $361.69 million, a price-to-earnings ratio of 12.73 and a beta of 0.94.

Avantis All Equity Markets ETF Company Profile

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.