Adero Partners LLC Acquires 108,518 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Adero Partners LLC boosted its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 10.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,179,332 shares of the company’s stock after purchasing an additional 108,518 shares during the quarter. Avantis International Equity ETF makes up 4.7% of Adero Partners LLC’s portfolio, making the stock its 4th biggest holding. Adero Partners LLC owned approximately 1.70% of Avantis International Equity ETF worth $72,376,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in AVDE. TFB Advisors LLC boosted its position in shares of Avantis International Equity ETF by 3.0% in the third quarter. TFB Advisors LLC now owns 6,368 shares of the company’s stock worth $427,000 after acquiring an additional 184 shares during the last quarter. NBC Securities Inc. raised its stake in Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after purchasing an additional 220 shares during the period. KKM Financial LLC raised its stake in Avantis International Equity ETF by 5.4% during the third quarter. KKM Financial LLC now owns 7,041 shares of the company’s stock worth $472,000 after purchasing an additional 359 shares during the period. CWA Asset Management Group LLC boosted its holdings in shares of Avantis International Equity ETF by 5.1% in the 4th quarter. CWA Asset Management Group LLC now owns 7,600 shares of the company’s stock valued at $466,000 after purchasing an additional 369 shares during the last quarter. Finally, EnRich Financial Partners LLC grew its stake in shares of Avantis International Equity ETF by 17.4% during the 3rd quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock valued at $172,000 after buying an additional 380 shares during the period.

Avantis International Equity ETF Trading Up 0.8 %

Shares of AVDE opened at $64.49 on Thursday. Avantis International Equity ETF has a twelve month low of $58.59 and a twelve month high of $67.83. The firm has a market capitalization of $4.46 billion, a P/E ratio of 11.74 and a beta of 0.82. The stock’s fifty day simple moving average is $62.77 and its 200 day simple moving average is $63.87.

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.