Yardley Wealth Management LLC Raises Stake in Avantis All Equity Markets ETF (NYSEARCA:AVGE)

Yardley Wealth Management LLC raised its position in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 0.7% during the fourth quarter, HoldingsChannel reports. The firm owned 20,628 shares of the company’s stock after buying an additional 144 shares during the quarter. Avantis All Equity Markets ETF accounts for 0.7% of Yardley Wealth Management LLC’s holdings, making the stock its 21st biggest position. Yardley Wealth Management LLC’s holdings in Avantis All Equity Markets ETF were worth $1,493,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Parkworth Wealth Management Inc. purchased a new position in Avantis All Equity Markets ETF in the fourth quarter valued at $28,000. JPMorgan Chase & Co. acquired a new position in shares of Avantis All Equity Markets ETF during the 3rd quarter worth about $34,000. LRI Investments LLC purchased a new position in shares of Avantis All Equity Markets ETF in the 3rd quarter valued at about $93,000. EverSource Wealth Advisors LLC raised its position in shares of Avantis All Equity Markets ETF by 81.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,815 shares of the company’s stock worth $131,000 after acquiring an additional 812 shares in the last quarter. Finally, Red Lighthouse Investment Management LLC raised its position in shares of Avantis All Equity Markets ETF by 73.9% during the 4th quarter. Red Lighthouse Investment Management LLC now owns 2,109 shares of the company’s stock worth $153,000 after acquiring an additional 896 shares in the last quarter.

Avantis All Equity Markets ETF Stock Up 2.1 %

Shares of AVGE opened at $71.60 on Monday. The company has a market capitalization of $469.70 million, a price-to-earnings ratio of 16.27 and a beta of 1.04. Avantis All Equity Markets ETF has a 52-week low of $65.71 and a 52-week high of $76.92. The stock has a 50 day moving average price of $73.83 and a 200 day moving average price of $73.78.

About Avantis All Equity Markets ETF

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.