Seed Wealth Management Inc. Sells 675 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Seed Wealth Management Inc. lessened its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 3.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 16,490 shares of the company’s stock after selling 675 shares during the quarter. Seed Wealth Management Inc.’s holdings in Avantis International Equity ETF were worth $1,012,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in AVDE. Silver Lake Advisory LLC purchased a new stake in Avantis International Equity ETF in the second quarter worth approximately $2,009,000. Global Retirement Partners LLC lifted its holdings in shares of Avantis International Equity ETF by 39.3% during the 3rd quarter. Global Retirement Partners LLC now owns 9,944 shares of the company’s stock valued at $667,000 after buying an additional 2,803 shares during the period. Gateway Wealth Partners LLC boosted its stake in shares of Avantis International Equity ETF by 28.3% in the 2nd quarter. Gateway Wealth Partners LLC now owns 125,681 shares of the company’s stock worth $7,825,000 after buying an additional 27,728 shares during the last quarter. Magnolia Capital Advisors LLC bought a new stake in shares of Avantis International Equity ETF in the second quarter worth $27,515,000. Finally, Annandale Capital LLC increased its position in Avantis International Equity ETF by 35.3% during the second quarter. Annandale Capital LLC now owns 99,654 shares of the company’s stock valued at $6,204,000 after acquiring an additional 25,996 shares during the last quarter.

Avantis International Equity ETF Stock Performance

AVDE stock opened at $60.63 on Tuesday. The company has a market cap of $4.20 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The business’s 50-day moving average is $62.85 and its two-hundred day moving average is $63.94. Avantis International Equity ETF has a fifty-two week low of $57.97 and a fifty-two week high of $67.83.

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.